Caerphilly-based Welsh Innovation Centre for Enterprise has opened its next round of funded spaces and is inviting applications from startups and entrepreneurs.

The funding is designed to give startup businesses a structured route to sustainability, creating jobs and boosting the Welsh economy.

The support will be delivered through the Campus’ ICE 50 programme, where 50 start-up businesses will receive a fully-funded package including full-time desk space, a tailored mentoring programme, creative workshops, telephone and high-speed internet access and one-to-one support for 12 months.

The news comes following the announcement that Welsh ICE has been chosen to deliver one of four new regional enterprise hubs, with the Campus supporting the South East Wales Valleys region.

Along with the Wrexham Enterprise Hub, the five hubs across Wales are funded by the European Regional Development Fund through the Welsh Government and will see more than £4m invested to provide supportive spaces and mentoring for new and growing businesses.

Campus director Jamie McGowan said: “The ICE 50 is our flagship support model, giving businesses a home, along with the support they need to get their enterprises off the ground. This support, and the unique community at ICE, has meant that more than 77 per cent of businesses that start at ICE go on to survive for three or more years - higher than the UK average of 61 per cent.

“With the support of our partners at Business Wales, we are excited to launch the next cohort of ICE 50 and are looking forward to welcoming the next generation of founders to visit our newly renovated community space on Campus.”

Since its founding in 2012, businesses at ICE have generated a £53m net GVA benefit to the Welsh Economy, and the Campus now looks to support the next generation of start-up businesses.

Jamie continued: “We are always looking to reach out to those who have started a business or are thinking about making that leap. The spirit of collaboration and support at ICE is a testament to how welcoming the community is and we would encourage budding entrepreneurs to put their business ideas on paper and contact us. With the guidance and support of the ICE campus, it really is possible to grow a business of your own.”

The ICE 50 programme is open to applicants now. For more information go to