The technium at Swansea’s SA1 docklands is one of four being retained More than half of the Welsh Assembly Government’s 10 flagship technium business innovation centres are to close.
They have been criticised for not delivering value for money or creating as many jobs as expected.
The six closing are at Aberystwyth, Baglan, Bangor, Pembroke, Llanelli and the Sony plant in Bridgend.
The assembly government said it “would not abandon” the existing tenants and would help them find new premises.
Four other techniums at Swansea University, the city’s SA1 docklands development, St Asaph and Cwmbran will be retained.
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