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Technium is the brand name of a business incubation scheme in Wales. The scheme provides tenants with office space, business support, fast telecom links and venture finance. The concept was originally developed by a partnership between Swansea University and the Welsh Development Agency (WDA), which built an Innovation Centre at the university in 1986. The project led to the construction of the first Technium building, a purpose-built £2m facility to house general technology at Prince of Wales Dock, Swansea, opened in 2001. Current Technium Centres:

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rdf:type	Thing yago:WikicatOrganizationsEstablishedIn2001 yago:Abstraction100002137 yago:Group100031264 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity yago:SocialGroup107950920
rdfs:label	Technium (en)
rdfs:comment	Technium is the brand name of a business incubation scheme in Wales. The scheme provides tenants with office space, business support, fast telecom links and venture finance. The concept was originally developed by a partnership between Swansea University and the Welsh Development Agency (WDA), which built an Innovation Centre at the university in 1986. The project led to the construction of the first Technium building, a purpose-built £2m facility to house general technology at Prince of Wales Dock, Swansea, opened in 2001. Current Technium Centres: (en)
differentFrom	Technetium
dcterms:subject	Welsh Government Organizations established in 2001 Economy of Wales Business incubators of the United Kingdom Swansea University
Wikipage page ID	17304923 (xsd:integer)
Wikipage revision ID	1081712395 (xsd:integer)
Link from a Wikipage to another Wikipage	Entrepreneurship Welsh Government Inward investment Organizations established in 2001 Swansea docks Economy of Wales Wales Cwmbran Economy of Wales Kevin Kelly (editor) Business incubators of the United Kingdom Swansea Swansea University Swansea University Business incubator St Asaph Wrexham Glyndŵr University Welsh Development Agency Welsh Assembly Government
Link from a Wikipage to an external page	http://www.technium.co.uk/
sameAs	Technium Technium Technium Technium
dbp:wikiPageUsesTemplate	dbt:Distinguish dbt:For dbt:Reflist dbt:Use_dmy_dates
has abstract	Technium is the brand name of a business incubation scheme in Wales. The scheme provides tenants with office space, business support, fast telecom links and venture finance. The concept was originally developed by a partnership between Swansea University and the Welsh Development Agency (WDA), which built an Innovation Centre at the university in 1986. The project led to the construction of the first Technium building, a purpose-built £2m facility to house general technology at Prince of Wales Dock, Swansea, opened in 2001. In October 2001, the WDA decided to build five more Technium centres across Wales in an effort to spur innovation in the Welsh economy. In 2003, a £150m expansion of the Technium programme was a key part of the Welsh Assembly Government's three-year Innovation Action Plan. The Technium programme's attempt to develop indigenous businesses was described as radically different from the WDA's previous inward investment strategy, which sought to attract foreign employers to Wales. However, critics have argued that the scheme is over-ambitious, with too many incubator spaces than can be filled by local academic entrepreneurship, and focuses on property development and leasing space, rather than management assistance for new ventures. A 2009 report on the Technium initiative by DTZ showed that since the first Technium was opened, 151 tenant companies had been accommodated. Eighty-two were still in residence, 38 had moved to other locations and 22 had failed. The Western Mail argued that the scheme's performance had been "mixed at best... the tenants have created nearly 1,000 jobs, but surely they would have been created anyway and found suitable accommodation from private sector landlords." In November 2010, following a substantial review process, it was announced by the Welsh Assembly Government that six Technium centres were to be removed from the network - Pembrokeshire, Aberystwyth, Bangor (CAST), Pencoed (Sony), Baglan, and Llanelli. Current Technium Centres: * Technium Digital, Swansea University * Technium OpTIC, St Asaph * Technium Swansea, Swansea * Technium Springboard, Cwmbran The Former Technium OpTIC is now a campus of Wrexham Glyndŵr University. (en)
gold:hypernym	Tc
prov:wasDerivedFrom	wikipedia-en:Technium?oldid=1081712395&ns=0
page length (characters) of wiki page	4022 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Technium
is Link from a Wikipage to another Wikipage of	List of public art in Swansea List of science parks in the United Kingdom SA1 Swansea Waterfront Llanelli Swansea University Economy of Swansea High Performance Computing Wales
is foaf:primaryTopic of	wikipedia-en:Technium

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