WHY WOLVERHAMPTON SCIENCE PARK?

In deciding to locate at Wolverhampton Science Park, we are convinced that you will be making a good strategic choice for your business.

A simple answer to the inevitable question this statement provokes is that we provide much more than just office space; we support tenant companies with an inclusive, serviced accommodation package that looks after nearly all the peripheral activities that would otherwise detract from your valuable time in actually running and growing your core business.

Although at first sight, the costs associated with such an inclusive service package may seem to be higher than traditional leasehold any cost difference is, in practice, negated by us taking on most of the building related responsibilities – ranging from security and cleaning to buildings insurance and maintenance.  A tenant company is thus freed to focus all its efforts on running its business rather than spending time looking after a whole range of diversionary issues linked to its accommodation.

Also. since we offer accommodation on the basis of a simple licence agreement, gone too are onerous financial commitments to long-term leases for accommodation which may no longer match changing business needs.

For a rapidly developing company working in an economic environment where the only certainty is uncertainty, the need for a business to be able to respond to change is paramount – a situation which predicates against long-term leasehold.

Proftable Collaboration

A distinguishing feature of nearly all science parks is that they will have close links with a university or research centre whose resources can be readily accessed to help fulfil business requirements covering a range of issues from R & D consultancy or collaboration, through to graduate recruitment and analytical services.

As an example, Wolverhampton Science Park's host university – the University of Wolverhampton – offers specialist expertise in RFID (radio frequency identification) technology.

Kevin Taylor, managing director of tenant company – Liquid Management Solutions Limited (LMS) – was alerted to this capability by one of the Science Park regular email bulletins addressed to all resident tenants.

LMS are recognised as leading experts in fuel efficiency and development of related carbon reduction strategies for heavy goods vehicle operators.

"Taking the decision to move from a relatively rural Wolverhampton business location to Wolverhampton Science Park has proved to be an excellent business decision.  We have gained some expert business advice and support from a number of resident tenants, accessed employment funding for new staff and invitations to RFID seminars hosted by the Unversity."

Kevin also states "Having implemented a number of successful RFID fuel management projects throughout the UK, the University RFID seminars are invaluable for access to local consultancy experience to help us further develop our solutions with potential local hardware suppliers.  We are continuing to work with the University to help raise awareness of what can be achieved from our transport related, fuel saving RFID technologies."

Like most science parks, Wolverhampton Science Park operates a selection policy to engender a community of like-minded occupiers whose skills can be complementary and thus provide opportunities for inter-company collaboration.

Wolverhampton Science Park provides a supportive business environment with on-site provision of more general business services, for example, financial, legal and translation services along with business mentoring for new-start ventures.

Creative Growth

Eighty3Creative Limited – one of the Science Park's more recent arrivals – are a creative design agency dealing with a broad range of clients from small start-up companies through to large governmental organisations.

Director, Craig Slater says, "Choosing to locate at the Science Park has turned out to be an excellent decision. We have around us a community of other creatives with specialist skill-sets upon which we can draw when required to complete a complex design project. On the business side also there is also plenty of support if we need it.

Since arriving here, we have rapidly expanded our client base and our portfolio of services. Could we have done it elsewhere? Possibly, but not as easily, or in such a friendly environment!"