sustainability and progression paths

In addition to the rental income generated from the units, WYEC resources its operations by attracting funding from a broad range of sources, including regional development agencies, local government, charitable trusts, company sponsorship and EU funding. However, funding from these sources is unpredictable and while appropriate for time limited discrete projects, cannot be relied upon to fund the Charity’s ongoing activities in the long term.

For this reason, and with a view to securing the existing Centre’s long-term viability, WYEC has developed Trident Business Centre, a £2.7 million commercial business centre complex, which provides 90 small business units within a 46,000 sq. ft. managed workspace environment. Trident Business Centre generates income to help underpin WYEC's existing activities. It directly generates over 300 jobs in the small business sector in the area, while also providing a natural progression path for young businesses moving on from the existing Centre.