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Oxford Innovation holds Greenhouse event at Cardiff Medicentre

Oxford Innovation's first two day ‘Greenhouse for growth’ event took place on 26 April at Cardiff Medicentre.

The workshop attracted biotech and medtech startup companies from across Wales to find out more about how coaching, access to finance services and business planning advice can boost their chances of success.

Greenhouse Event Boosts Prospects for Welsh Life Sciences Firms.

Bangor life sciences firm enjoys high life at Cardiff event.


Commentary

Dr Mark Bowman, Director of Innovation at Cardiff Medicentre, said " We were delighted to host the first 'Greenhouse for growth' event here. Following our recent refurbishment, we can now offer very high quality meeting and conferencing facilities for initiatives such as this."

He added "I am looking forward to developing the links between Oxford Innovation and Cardiff Medicentre as this exciting initiative develops."

For all Cardiff Medicentre media enquiries, please contact:

Carina Phillips
T: 07815 058283
E:carinaphillips@ntlworld.com

Notes to editors

About Cardiff Medicentre

Cardiff Medicentre is a dedicated incubator for biotech and medtech startups. The facility is set in the grounds of the University of Wales Hospital and is a neighbour to Cardiff University’s School of Medicine.

Established in 1992, Cardiff Medicentre is a joint venture between Cardiff Council, Cardiff University, the Welsh Government and Cardiff & Vale University Health Board. It was the first incubator of its kind in the UK and now provides 32 units of high quality office and lab space accommodation ranging from 284 sq ft to 1,045 sq ft. Low-cost desk leasing facilities are also available to encourage entrepreneurs to enter the Cardiff Medicentre community while writing business plans and raising finance.

Tenants at Cardiff Medicentre benefit from specialist support in establishing and growing their businesses. Their aim, and the aim of the Cardiff Medicentre management team, is graduation – the process of tenant businesses outgrowing the incubation facilities and moving into their own follow-on space, or being acquired.

Examples of successful graduate companies

  • Q Chip Ltd (completed $6 million venture capital investment round in 2011)
  • Cardiff Bioanalytical Services Ltd (acquired by LGC Ltd in 2010)
  • Cardiff Research Consortium (acquired by Capita Group plc for £11.6 million in 2009)
  • BioDynamics Research Ltd (acquired by Quotient BioResearch Ltd in 2008)
  • TrichoTech Ltd (acquired by Concateno plc for £11.25 million in 2007)
  • OnExamination Ltd (acquired by BMJ Group in 2007)

Published on Thu, 26th Apr 2012

 
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