16 July 2019

Watt’s Workshop to Inspire Next Generation

Categories: International Financial Services District Glasgow | Published: 31/05/2016 | Views: 1472
Article from www.ifsdglasgow.co.uk
Young ambitious Fintech companies are amongst the targets of The Tontine, the new innovation centre opened on Argyle Street.

Representing the first Glasgow City Region City Deal project to be completed in the city, the building was once the workshop of legendary Scots inventor James Watt. Today, The Tontine will showcase what Glasgow and the local authorities in the city-region can do to support those innovative industries that will bring future economic growth.

It will support the development of high-growth companies in the likes of enabling technology, advanced design and manufacturing and the creative sectors.

The Tontine will host high-quality, flexible workspaces for these companies, with a focus on sectors which link with the city's universities - to maximise cross-fertilisation between growing companies in the city and major multi-nationals including financial and business services firms and research programmes situated close by. The spaces include breakout booths; networking and meeting areas; office and desk spaces.

Over the next five years, it is envisaged that 134 businesses will be supported at The Tontine, with each expected to increase their staff numbers by at least four per business. This will result in the creation of 536 new jobs and increased turnover of £53.6m.
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