Virtual Tenant

Virtual tenancies

During the early stage of development, we understand that your company may not be ready for the cost of renting your own office space. However, you may still want networking opportunities, business support, and the chance to be part of the business community.

Menai Science Park offers the solution to this by providing a Virtual Tenancy option. This means you can be part of M-SParc without having to relocate before you’re ready.

Virtual Tenancy +

£999 + VAT per annum. If you require additional support from a dedicated Business Support Officer, then a Virtual Tenancy Plus may be for you. This includes the same offer as the Virtual Tenancy, and in addition:

  • Ensure that you are part of an eco-system that lives here at M-SParc
  • Identification and access to a range of funding sources through the Welsh Government, Bangor University (REO), Innovate UK, UKRC, and Horizon 2020 start up and development grants.
  • Practical assistance with making bids for finance.
  • Meetings with potential investors, including Development Bank of Wales, and Business Angels networks arranged on your behalf.
  • Access to regular one to one on-site surgeries with a range of external business support and investment providers.
  • Opening contacts with Bangor University Research Teams.
  • Support for bids to join Welsh Government trade and investment missions to exploit business opportunities.
  • Visibility for your Company or Business on the M-SParc website to expand your client reach, including a paragraph about your business with a link to your webpage, and the option to have an article featured on our website and e-newsletter at least once per annum.
  • Highlight your news articles, tweets, and blogs via our social media.
  • The opportunity for you to speak at one of our events, allowing you to showcase your company to a wider audience.
  • 25% discount on meeting room bookings, including our bespoke boardroom with breathtaking views of Snowdonia.
  • 25% discount on desk space at the Ffwrnes(desk rental, shared space), bookable by the hour/day/week/month.
*Please note, your application will be subject to an entry criteria process.
Meeting room costs + VAT (before discount)

Room Hourly Cost Half Day Full Day
10 Person Room £20 £75 £100
6 Person Room £16 £60 £80
4 Person Room £12 £40 £60
Boardroom £30 £90 £140
Follow the links on the right hand side of this page for more information on booking a meeting room or a hot desk.
As well as a range of specialist services, you will be given a digital copy of the 'Virtual Tenant' logo to use on your website and marketing materials.

For further discussions, get in touch with our Business Development Officer, John Rooney 01248 858005

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