GE Healthcare to establish Open Innovation Village at Cardiff site

A total of up to 25 jobs will be created initially as GE Healthcare is to establish an Open Innovation Village at its Cardiff site, aimed at helping to create new life science businesses and attract inward investment.

The first phase of the project – shared access office and laboratories based at GE Healthcare’s Cardiff site – will be part funded by £367,000 from the Welsh Government’s Open Innovation programme.

Space will be available for existing Welsh life sciences companies and will become available for new businesses and international companies looking to establish a presence in Wales.

Speaking at the BioWales conference at the Wales Millennium Centre, economy minister Edwina Hart said: "I am determined to support the life sciences sector in Wales, which has great potential for growth and the creation of highly-skilled jobs.

"GE Healthcare is one of the Welsh Government’s anchor companies and this investment will strengthen their presence here and help create new businesses in the sector."

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