Pictured: Cllr Mike Whitby - Leader of Birmingham City
Council, Prime Minister David Cameron, Dutch Prime Minister Mark
Rutte and Dr David Hardman - CEO of Birmingham Science Park
Aston
Prime Minister David Cameron visited Birmingham Science Park
Aston (14th November) to mark the 50th technology start-up to be
enrolled onto the Park's Entrepreneurs for the Future programme.
The visit was also in recognition that the Park is the first
network 'node' in Cisco's National Virtual Incubator, an initiative
that was launched by the Prime Minister last week.
2Fold20 Play Ltd is the newly formed social gaming company that
has been enrolled into the Entrepreneurs for the Future centre. It
has also received significant investment funding from the Creative
Advantage Fund, ensuring it can recruit employees to produce its
first concept.
Cllr Mike Whitby, Leader of Birmingham City Council and Chair of
BSPA, said: "It has been tremendous to welcome the Prime Minister
to Birmingham Science Park Aston to acknowledge this success. In
only two years, 50 new technology start-ups have been enrolled onto
the Entrepreneurs for the Future (e4f) business incubator scheme.
In that time, over 40 jobs have already been created for local
people. 90 per cent of the start-up businesses are still trading -
some two years after formation - and many of the companies are
profitable.
"Given the competitive selection process, it is highly rewarding
to consider the wealth of talent that is based at Birmingham
Science Park Aston, and these new businesses are now acting as a
magnet and attracting more entrepreneurs to the e4f centre at the
Park."
David Cameron was accompanied on his visit to Birmingham by
Dutch Prime Minister Mark Rutte.
A subsidiary of London-based digital media and animation
specialists TwoFoldTwenty - which works with national and
international clients - the social gaming start-up has chosen to be
based at Birmingham Science Park Aston (BSPA), rather than with its
parent company.
The founders took the decision due to the benefits of working
amongst a like-minded community where assistance to develop a
business plan, seek further funding, and specialist knowledge input
is on hand.
2Fold20 Play's founders have a wealth of experience working in
the gaming, film, digital and animation sectors for leading global
brands including Warner Bros, Impact BBDO, Disney, Philips, and
Turner.
Dr David Hardman, CEO, Birmingham Science Park Aston said:
"2Fold20 Play is exactly the type of future-facing company that we
want to foster at Birmingham Science Park Aston to help ensure
growth into a profitable venture as soon as possible. Start-ups
such as this, which have high growth potential, could create many
new jobs for local people, which is exactly what Birmingham's
economy needs in order to thrive."
David Hardman added: "In recognition of the fact that 2Fold20
Play is the 50th company accepted onto the e4f incubator programme,
we are also pleased to offer them an extended period of support of
12, rather than the usual six months' free enrolment."
Neill Watson, CEO of 2Fold20 Play Ltd comments: "We are thrilled
to be forming this new company from Birmingham Science Park Aston,
and the funding from the Creative Advantage Fund will enable us to
get to work on our first social gaming concept immediately. The
support and welcome we have received made it a very easy decision
to base ourselves in Birmingham and we are very excited about what
the future holds."
Thomas Dillon, Chairman of Creative Advantage Fund, said: "We
are delighted to have been able to bring 2Fold20 Play Ltd to
Birmingham Science Park Aston. This is a model example of
specialised finance and business support facilities working
together to their common benefit and that of the city. We wish
2Fold20 Play every success."
A unique incubation programme, e4f offers free support for
technology start-up companies, providing the opportunity to achieve
growth and commercial success through funding support, expert
advice and mentoring for six months. Companies taking part in the
programme also benefit from office or desk space, alongside access
to telephone and internet services.
Based at BSPA, the e4f incubation scheme is part funded by the
European Regional Development Fund. Since launching in November
2009, the e4f programme has contributed to the creation of over 40
new jobs. Following the launch of the programme's third phase
earlier this year, e4f is now looking for more start-ups to join
what is fast becoming the centre of Birmingham's tech
community.