The Goldworks, a new co-working space, opens in Ebbw Vale backed by £7m from the Welsh Government.
- The 10,440 sq ft venue is operated by Blaenau Gwent Council’s business team, offering diverse working spaces.
- Support includes mentoring, workshops, and events through a partnership with Town Square Space.
- Town Square Space continues its support with access to startup and accelerator programmes.
- The initiative aims to foster a collaborative environment for businesses and freelancers.
The Goldworks, a cutting-edge co-working space in Ebbw Vale, has been inaugurated with substantial financial backing of £7m from the Welsh Government. This initiative is part of a broader £100m Tech Valleys programme designed to stimulate regional growth and innovation. The building spans more than 10,440 square feet, providing an ample environment for freelancers, entrepreneurs, and company founders.
Blaenau Gwent County Borough Council, responsible for the operation of The Goldworks, offers a mix of small and medium-sized offices, co-working areas, and multiple meeting suites. This variety caters to the different needs of its users, promoting a versatile working culture. Essential aspects of the facility’s development were supported by the UK Government’s Shared Prosperity Fund, ensuring comprehensive amenities for its occupants.
Through a strategic partnership with Town Square Space, occupants of Goldworks benefit from a spectrum of business support services. This includes access to one-on-one professional mentoring, business workshops, and networking events. Such resources are pivotal in fostering an environment where business connections and entrepreneurial ventures can thrive.
Town Square Space, a renowned enterprise in supporting small businesses, plays an integral role in the success of the Goldworks. As an official associate space, it provides crucial access to startup and accelerator programmes specifically aimed at burgeoning businesses. This support infrastructure is expected to significantly enhance the growth opportunities available to local enterprises.
John Morgan, the cabinet member for economic development and regeneration at Blaenau Gwent County Borough Council, expressed his commitment to ensuring that The Goldworks offers exceptional value. “Our business and innovation team have ensured the facility will offer the best quality and value to any business looking for a space to work from,” he stated, underscoring the collaborative spirit of the project. Gareth Jones, co-founder and CEO of Town Square Space, emphasised the project’s community-oriented approach, viewing it as a crucial asset in achieving regional economic development goals.
The launch of The Goldworks marks a significant step in promoting regional business innovation and collaboration in Ebbw Vale.