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Springboard Innovation Centre Fuels Business Growth in Torfaen

Summary by Business News Wales
A centre aimed at supporting high growth science and technology businesses has welcomed 11 new tenants.    Occupancy rates at Springboard Business Innovation Centre have nearly doubled over the past two years from 14 tenants in 2023 to 25 in 2025, following investment from the UK Shared Prosperity Fund. Around £600,000 has been used to update and expand facilities at the centre in Cwmbran, and to offer six-month set up grants and ongoing in-hous…
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Business News WalesBusiness News Wales

Springboard Innovation Centre Fuels Business Growth in Torfaen

A centre aimed at supporting high growth science and technology businesses has welcomed 11 new tenants.    Occupancy rates at Springboard Business Innovation Centre have nearly doubled over the past two years from 14 tenants in 2023 to 25 in 2025, following investment from the UK Shared Prosperity Fund. Around £600,000 has been used to update and expand facilities at the centre in Cwmbran, and to offer six-month set up grants and ongoing in-hous…

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Business News Wales broke the news in on Friday, March 28, 2025.
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