New Innovation Hub Which Will Help Create 100 New Businesses ‘Opening Soon’ in Wrexham Town Centre

A Wrexham based business hub that will support around 100 innovative new start-ups over the next two years will soon be ‘up and running’ in the town centre.

The new Business Wales Entrepreneurship Hub, which is supported by the Welsh Government, is being created to provide local entrepreneurs with the help and support they need to help their ventures grow.

In February 2017 Economy Secretary Ken Skates announced that he was providing £1m funding to establish the new business hub in Wrexham in Wrexham – stating at the time that he hopes it would support the creation of 100 new enterprises and 260 new jobs over the next two years.

The initiative will also help provide a significant boost to the local economy.

The new hub will work closely with Welsh ICE (Innovation Centre for Enterprise) to give start ups a bespoke package of support and the very best chance of making their businesses a success.

Welsh ICE already runs a successful ‘innovation centre’ for starts ups in Caerphilly – offering co-working space, meeting rooms and workshops for entrepreneurs and business start ups in South Wales.

While the exact location for the new hub has yet to be formally announced, the Welsh Government say it will be based in Wrexham town centre. It is also understood that work to procure and prepare the new headquarters is being finalised.

Welcoming the progress, Mr Skates said: “I am delighted the Welsh Government is supporting this excellent initiative in Wrexham. It will form an important part of our programme to support businesses across Wales and give start ups and budding entrepreneurs the space and help they need to get their ideas off the ground.

“Innovation and entrepreneurship are vital drivers for the economy and we know from the success of other incubators that this collaborative approach will bring a host of benefits to the wider Wrexham area. The new hub building will also provide a real focus to the ongoing regeneration of Wrexham town centre.

“Work is now underway to recruit the hub’s first set of entrepreneurs, with the next workshop being held in Wrexham on 12th July. I would urge local start up companies looking to get their business off the ground to come along to find out more about the potentially transformative help on offer.”

Are you a local entrepreneur who is interested in finding out more about the initiative? The next workshop will be take place at Undegun, 9-11 Regent Street on Wednesday, 12th July

The session will provide local start up enterprises with the opportunity to see more detailed plans for the centre and learn more about the support on offer.

To find out more you can call the Business Wales Helpline on 03000 6 03000 between 8:30am and 5:30pm (Monday to Friday) or via the Business Wales website.