News & Views
M-SParc Begins to Take Shape
Jan 16 2017
Economy Secretary Ken Skates conducted a recent ground-breaking ceremony for Wales’ first dedicated Science Park, located within the boundaries of the Anglesey Enterprise Zone.
Set to open its doors in 2018, the Menai Science Park (M-SParc) will provide first class office and laboratory facilities for innovative businesses in the region, with the support of £10.8m of Welsh Government funding and £10.2m from the European Development Fund. It will also complement the substantial investment at Wylfa Newydd by supporting the wider supply chain.
The Science Park's focus will be on the low carbon and renewable energy sectors, while helping to deepen academic and business partnerships and work to grow North Wales’ knowledge economy.
Speaking ahead of the turf cutting ceremony, Ken Skates said: “It is great to see the progress being made at the Menai Science Park, which is being supported by over £20m of Welsh Government and EU funding.The Science Park is the first of its kind in Wales and once up and running I am confident it will offer huge benefits to the North Wales region.”
Executive Director, Ieuan Wyn Jones said: “It has taken a lot of hard work to get to this point, and we’re pleased to see the work beginning on site. Behind the scenes, work has been ongoing to secure tenants, and we already have a number of companies signed up as Virtual Tenants. We are proud to be offering a range of business support services to these companies, most of who are already based in the region and can state that the demand is there for a Science Park in the region.”
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