IM Hosts Celebration Event & Announces Additional InvestmentOctober 21, 2011
Innovation Martlesham hosts event to celebrate key achievements and to announce additional investment in the ICT cluster at Adastral Park
How does a high-tech ICT cluster celebrate success? With a virtual cake cutting of course!
Ipswich, UK:Today Innovation Martlesham, the high-tech cluster for ICT companies located at Adastral Park, hosted an event celebrating recent achievements. Innovation Martlesham is a key component of Suffolk’s economic strategy and has reached some important milestones.
Innovation Martlesham was initiated in 2008 and its key goal has been to support economic growth by encouraging ICT companies to cluster at Adastral Park. The motivation to bring diverse companies together is to make it easier to share ideas and expertise. IM’s mantra encourages ICT companies to “co-locate, collaborate and innovate”.
“Innovation Martlesham’s drive to attract ICT companies to Adastral Park, creating a high tech cluster has been a success,” said Innovation Martlesham Chairman David Ralph. “Since 2008, Innovation Martlesham has attracted over 20 new companies to the campus, and we have seen steady progress recently with 7 new ICT tenants moving into newly refurbished Ross Building over the past 6 months.”
IM announced availability of newly refurbishment offices on the ground floor of the Ross building in March 2011. This accommodation is now almost fully occupied with one office remaining. To attract more ICT companies to the cluster, Innovation Martlesham announced the next phase of the Ross Building refurbishment which will provide further office space for ICT companies at Adastral Park available from February 2012. This new phase provides office accommodation for 5-9 staff and there is already significant interest. “Innovators out there may have to move quickly to secure their space”, added Mr Ralph.
Innovation Martlesham has also supported start-ups in the area by its investment in ICT entrepreneurs with its Incubator program. Companies accepted into the program receive rent free office space and communications services for a minimum period of six months as well as access to a group of business mentors.
IM recently announced the successful graduation of its first Incubator company Disect Systems, a UK based developer of scanner imaging software. Disect Systems has successfully moved out of the Incubator program and into the newly refurbished Ross building as a paying tenant of Innovation Martlesham at Adastral Park
Disect Systems demonstrated their innovative technology for viewing and analysing scanner images by producing and cutting a virtual cake at the event.
Joining in the celebration with the IM companies, IM board and IM mentors were local MP Therese Coffey, the Anglia LEP, the IP Network and Councillors from Suffolk County Council and Suffolk Coastal District Council.
“We are pleased with the progress that Innovation Martlesham has made since its launch in 2008 and particularly in recent months in very challenging times,” said David Ralph. “The steady flow of new ICT companies coming onto the site, as well as the continued interest in the Incubator program and the networking events are all key measures of success. With further investment in additional accommodation for ICT companies, Innovation Martlesham will continue to help drive economic growth for Suffolk.”
(From left to right: Clive Selley (CEO, BT Innovate and Design & Group CIO), David Ralph (Chairman, Innovation Martlesham), Therese Coffey (local MP), Geoff Holdcroft (SCDC Councillor), Stephen Baker (Chief Executive of Suffolk Coastal and Waveney District Councils in Suffolk), Mark Bee (Leader of Suffolk County Council)