Sony UK Tec – Centre of Rural Enterprise

Completed, Enterprise

Sony UK Tec – Centre of Rural Enterprise

Project Type

Enterprise

Project Funding

Green Shoots

Project Funding

Welsh Government

Project Brief

Sony UK Technology Centre (Sony UK TEC) Pencoed is home to the first Centre of Rural Enterprise in Bridgend County Borough. Providing small scale, supported business space for micro enterprises, the Centre officially opened in September 2013.

Reach Help

The Technology Centre had a large area of open floor space on its first floor that was not being used. With an already established business incubation unit, Sony UK TEC saw that there would be demand for further units and that it would fit with the company’s ethos of helping to support budding entrepreneurs. A successful tender bid to reach for Green Shoots funding, resulted in ten individual offices being developed. Green Shoots funded the full £107,275.96 of the project costs, including a £75,522.28 contribution from Welsh Government and the European Union. “The money enabled us to develop the space and without reach’s help, it probably wouldn’t have gone ahead,” says Wyn Landon, Finance Manager for Sony UK TEC.

Outcome and Impact

The offices took only six weeks to complete and became available to rent in September 2013. “By March 2014 the units were fully occupied, ” says Nabila Elias, Project Manager, New Business Development at Sony UK TEC. “We now have nine companies taking the ten offices and between them they employ 57 staff.” All of the companies are focussed on technological development and include software and interactive video games developers, post production and digital media services for the film and television industry and digital marketing companies.

The Centre enables companies to develop and showcase their products and network with other companies. A major benefit to tenants is the Centre’s location with easy access to the M4 and the fact that it is a secure site. Employees can also take advantage of Sony TEC’s excellent staff facilities.