Menai Science Park

What Menai Science Park does

M-SParc (Menai Science Park, legal name Parc Gwyddoniaeth Menai) is a science park and innovation hub located in Gaerwen, Anglesey, North Wales, operating as a wholly owned subsidiary of Bangor University. Opened in 2018 as Wales' first science park, it provides physical workspace (offices, laboratories, workshops), a virtual tenancy programme for remote membership, meeting and conference facilities, the Ffiws Maker Space (3D printing, laser cutting), the Tanio café and co-working area, and an extensive business support portfolio including Level Up, Digidol, Skills Academy, Sgil Sparc, M-SParc Angels (angel investor network), Egni (low carbon innovation), Health+, and the Agritech Cluster. The site is built around a low-carbon infrastructure including the Egni Net Zero energy building and EV charging, with a second Egni building expansion (office, lab, innovation hall, materials analysis centre) under construction and targeted for summer 2027 completion.

Revenue is generated through four primary streams: recurring physical tenant rentals (office, lab, workshop space), recurring virtual tenant memberships priced at £1,500+VAT per year, transactional meeting room and conference space rental (with 50% tenant discounts), and event/workshop revenue (including the annual Egni Food Festival). The company serves a fragmented customer base of early-stage startups, micro-businesses, SMEs, creative sector organisations, and Bangor University researchers, with customer acquisition driven by a community-led hub-and-spoke GTM motion anchored on the Bangor University relationship, the #ArYLôn mobile outreach programme (Bangor and Pwllheli), bilingual Welsh/English marketing across web, social, email, events, and video/podcast channels. M-SParc operates within an Enterprise Zone and the Anglesey Freeport tax site, and has secured multi-source public funding from the North Wales Growth Fund, Welsh Government, Anglesey Freeport, Bangor University, and Innovate UK. It is the 25th UK Patent Library (PatLib) and first in North Wales.

Name

Menai Science Park

Legal name

Parc Gwyddoniaeth Menai

Website

https://m-sparc.com

Company type

Private

Founded year

2018

Operating status

Operating

Short description

M-SParc (Menai Science Park) is Wales' first science park and a wholly owned subsidiary of Bangor University, providing physical workspaces, virtual tenancy, maker facilities, and business support programmes to startups, SMEs, and researchers across North Wales.

Ownership category

akta.pro rank

Headquarters

HQ city

Gaerwen

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Physical Tenant Rentals: M-SParc generates revenue through leasing office, lab, and workshop space to tenant companies at its Gaerwen campus. Tenants receive access to business support, meeting room discounts, use of facilities, and community benefits.
2. Virtual Tenant Memberships: Virtual tenants pay an annual fee for access to the M-SParc ecosystem, business support, networking, investor introductions, and use of the prestigious address, without occupying physical space. Priced at £1,500 + VAT/year.
3. Meeting Room & Conference Space Rental: Revenue from renting meeting rooms, conference facilities, and event spaces to tenants and external parties. Discounted rates (50%) apply to tenant bookings.
4. Event & Workshop Revenue: Revenue generated through events, workshops, and community programs held at the facility, including the Egni Food Festival and various STEM outreach events.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

M-SParc is Wales' first science park, providing physical office, laboratory and workshop space for lease at its Gaerwen, Anglesey campus, alongside meeting rooms, conferencing, co-working, café, gym and maker space facilities. It also runs a Virtual Tenant annual membership for remote businesses, a mobile outreach programme (#ArYLôn) bringing services to Bangor and Pwllheli, and a portfolio of business incubation and growth programmes (Egni low carbon, Skills Academy, Sgil Sparc, Digidol, Level Up, Health+, M-SParc Angels investor network, and the North Wales Patent Library).

Product overview

M-SParc (Menai Science Park) is Wales' first science park, opened in 2018 as an innovation hub supporting businesses at every stage. The core offering is physical workspace (offices, labs, workshops) at its Anglesey location, complemented by a Virtual Tenant Program for remote membership. The ecosystem includes food/café services (Tanio), maker facilities (Ffiws), meeting rooms, and comprehensive business support programs including Egni (low carbon), Skills Academy, Sgil Sparc (STEM outreach), M-SParc Angels (investor network), Level Up, Digidol, Agritech Cluster, and MySparc portal. The mobile #ArYLôn program extends services to communities across North Wales. Tenant VIP services provide premium support including EV rental, meeting room booking, and business resources.

Differentiator

Problem solved

Functional benefit

Brands

• Egni: The second building development at M-SParc focused on low carbon energy and advanced technology research and business support.
• Tanio
• Ffiws Maker Space
• Academi Sgiliau / Skills Academy
• #ArYLôn
• M-SParc Angels
• Sgil Sparc
• Egni Food Festival

Quantifiable outcome

• Over 27,000 people benefited from first-round Creative Skills Fund training and upskilling placements
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Bangor UniversitycoreStrategic or Co-development PartnerBangor University is the sole parent institution of M-SParc, which operates as its wholly owned subsidiary. The university provides research expertise, facilities, student talent pipelines, and academic credibility. M-SParc in turn provides Bangor University with a commercial interface for knowledge exchange, student employment, and collaborative research. Key initiatives include the '25 by 25' Net Zero campaign (targeting 25% CO2 reduction by 2025).
• Welsh Government (Creative Skills Fund)coreStrategic or Co-development PartnerThe Welsh Government, through its Creative Skills Fund, awarded up to £125,000 each to 17 innovative projects including M-SParc, focused on nurturing talent in sectors such as screen, music, and games. The fund benefits from a first phase that reached over 27,000 people. Minister Jack Sargeant announced the initiative.
• Wynne ConstructionminorImplementation/ SI/ Consulting PartnerWynne Construction has been appointed as the main contractor for the Egni building expansion project at M-SParc, expected to complete in summer 2027. The project will add purpose-built office, laboratory, workshop, and innovation facilities.
• Diagnostig LtdminorStrategic or Co-development PartnerBangor University spin-out company based at M-SParc. Partnering with fellow tenant 42able under Innovate UK funding to develop AI-powered diagnostic tools for earlier detection of Johne's disease in cattle.
• 42ableminorStrategic or Co-development PartnerAI and data analytics company, M-SParc tenant. Partnering with Diagnostig Ltd on the Innovate UK-funded HERALD project to apply AI and predictive analytics to livestock disease detection.
• Life Sciences Hub WalescoreStrategic or Co-development PartnerLife Sciences Hub Wales partners with M-SParc to deliver the 'Health & More' programme, supporting health and social care innovators in North Wales to test, refine, and prepare solutions for adoption.
• TroCymruminorStrategic or Co-development PartnerTroCymru, a circular economy and carbon intelligence business based in Caernarfon, joined M-SParc as a Virtual Tenant. It collaborates with Bangor University's Bio-composites Centre on data-driven sustainability systems, having received £5,000 through the UK Government Common Prosperity Fund.
• Media Academy CymruminorStrategic or Co-development PartnerRecipient of £125,000 from the Welsh Government's Creative Skills Fund second round, focused on curriculum integration and course development in the creative sector.
• Esports WalesminorStrategic or Co-development PartnerRecipient of £125,000 from the Welsh Government's Creative Skills Fund second round, focused on inclusive industry access in the esports sector.
• Gorilla AcademyminorStrategic or Co-development PartnerRecipient of £125,000 from the Welsh Government's Creative Skills Fund second round, focused on skills development in creative industries.
• Anthem Music Fund WalesminorStrategic or Co-development PartnerRecipient of £125,000 from the Welsh Government's Creative Skills Fund second round, focused on music sector talent development.
• HijinxminorStrategic or Co-development PartnerRecipient of £125,000 from the Welsh Government's Creative Skills Fund second round, focused on inclusive industry access for the creative sector.
• UK Intellectual Property Office (PatLib Network)minorStrategic or Co-development PartnerM-SParc joined the UK Patent Library (PatLib) network as its 25th member, providing bilingual IP advisory services to businesses, researchers, and innovators across North Wales. The IPO supports and recognises the PatLib network.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Alderley Park: Cheshire-based life sciences-focused science park with lab, office, and accelerator space for biotech, pharma, and diagnostics tenants. Comparable to M-SParc in providing specialist lab and innovation infrastructure to a startup-heavy tenant base, though with a strong single-sector (life sciences) emphasis.
• Surrey Research Park: University of Surrey-affiliated science park offering office, lab, and workshop space plus business support programmes. Closely comparable to M-SParc as a university subsidiary providing workspace, events, and innovation services to regional startups and SMEs.
• Exeter Science Park: University of Exeter-affiliated science park providing workspace, accelerator programmes, and innovation support for early-stage science and tech companies. Highly comparable in the combination of university-linked governance, multi-tenant workspace, and structured business support.
• Manchester Science Park (Bruntwood SciTech): Major UK science park offering physical workspace, business support, and innovation programmes for tech and science companies. Highly comparable in operating model (multi-tenant workspace plus accelerator support) although significantly larger and more commercially independent than M-SParc.
• SETsquared Partnership: Network of UK university-linked innovation centres (Bath, Bristol, Southampton, Surrey, Exeter) providing incubation, accelerator programmes, and investor access. Closely comparable to M-SParc in that it operates as a university-affiliated hub providing workspace and business support to high-growth startups.
• Warwick Technology Park / Warwick Ventures: University of Warwick-linked technology park and innovation services operation offering workspace and enterprise support. Directly comparable in operating model to M-SParc, combining university affiliation with science-park-style tenant services.
• Cambridge Science Park: UK's longest-established university-linked science park, offering office and lab space for tech and life sciences tenants. Directly comparable business model and tenant mix, though at materially larger scale and with stronger Cambridge University affiliation than Bangor.
• Edinburgh Technopole (Scottish Enterprise): Scottish science and technology park near Edinburgh serving life sciences, tech, and renewables tenants. Comparable to M-SParc in providing a regional innovation hub with public-sector involvement and a similar mix of office/lab tenants.

Regional players

• Swansea Bay Innovation Quarter (University of Wales Trinity Saint David): Welsh university-affiliated innovation and incubation precinct serving startups and academics in West Wales. Comparable in operating model (university-linked workspace and accelerator services) but operates in a different Welsh region from M-SParc.
• Cardiff Edge (formerly known as Cardiff Medicentre / BioCity): Cardiff University-affiliated life sciences and tech incubator serving early-stage ventures in South Wales. Comparable to M-SParc's Health+ and Egni programming in supporting health/life sciences tenants, though geographically separate in Wales.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@msparc
• Facebookfacebook.com/MenaiSciencePark
• LinkedInlinkedin.com/company/m-sparc
• Instagraminstagram.com/msparc
• TikToktiktok.com/@m_sparc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Menai Science Park