A business and technology incubator provided by local IT services and business solutions company C5 Alliance has helped online casino company Genting Alderney establish its local presence.
The service, which was launched last year to assist and encourage start-up businesses in Guernsey, allows occupants to benefit from existing facilities, support services and infrastructure on C5′s premises without significant cost or long lease obligations.
Gemma Greathead, Finance Manager at Genting Alderney, said the arrangement had been an ideal opportunity for the company to get set up on the island before moving to permanent premises.
“Since February we have had a 20-strong team of employees working from the incubator. This was the perfect solution for us – sourcing commercial premises on-island can be a lengthy process. Being able to immediately move into a ready-made space, with meeting rooms, commercial levels of bandwidth and everything else needed to run our business was hugely advantageous,” she said.
“We have access to everything we need to operate effectively and the room to expand if needed; it is a very flexible arrangement and C5 has tailored everything to our specific requirements. It is fantastic to have this breathing space while our permanent offices are completed.”
The incubator service is aimed primarily at businesses in the digital space such as e-commerce, eGaming, software development and digital finance services but is suited to all types and sizes of business.
Marc Lainé, managing director of C5 Alliance in Guernsey said the company was hoping for other businesses to see similar success through the service.
“It’s great that we have been able to support Genting in establishing itself locally. The incubator concept is all about providing this kind of support; our end goal is to see these businesses thriving and feeding into the local economy, which is to all of our benefits.
“We really want to encourage new start-ups to consider it. We can provide so much more than just physical infrastructure, be it through sourcing investment, providing business advice or offering IT support. We want to take away all of the potential obstacles so budding entrepreneurs can test drive business ideas with relatively low risk,” he said.
C5 Alliance Group has more than 150 employees across its IT services and business solutions divisions and is the only locally-owned, full service technology solutions company in the Channel Islands.