UK and global success story, ARM Holdings, is holding a series of events around the world to celebrate its 20th anniversary. These included the opening of ARM6, a new 30,000 sq ft building at its Cambridge HQ, and the announcement of a £2.5m investment in a charitable bond for Cambridge-based social enterprise Future Business.
ARM celebrates 20th anniversary and invests £2.5m in charitable bond for social enterprise...
The investment, which will support the development of a brand new incubation centre for social and environmental businesses, takes the fundraising campaign, launched in October 2010, half way towards an initial target of £10m in charitable bond investments.
The “Future Business Centre” will offer incubation space for businesses that exist primarily to make a social and/or environmental impact. It will provide 34,000 sq ft (3,167m2) of floor space, creating affordable office, workshop and hot-desking facilities for over 50 start-ups at any one time.
The facilities will be complemented by specialist on site business support, as well as design and operational services intended to encourage innovation and collaboration.
The decision to invest reflects ARM’s wish to support local community initiatives, as well as encourage entrepreneurial activities in the locality of its Cambridge headquarters where the acclaimed UK technology business has been located for nearly 20 years.
The "Future Business Centre" will be a £6.5M purpose-built center on Kings Hedges Road near the Science Park, Cambridge Regional College and the new Orchard Park development. The site has already been acquired as part of the Hive campus alongside Cambridge Regional College and Cambridgeshire County Council’s SmartLIFE environmental technology and training centre, and demonstration eco-homes.
The new ARM6 building - opened this week - will help accommodate ARM’s expanding workforce in Cambridge. This includes the thriving multimedia processing team that is driving ARM’s presence in the embedded graphics market.
ARM designs the technology that is at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM’s comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools. Combined with comprehensive design services, training, support and maintenance, and the company’s broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies.
ARM website: http://www.arm.com/
Image: ARM's old logo
Future Business is a new business support service from Citylife for people who want to make a better future. It provides advice, affordable workspace and social impact measurement at all stages of business development from entrepreneurs with an idea to established organisations. For more information visit www.futurebusiness.co.uk.
Citylife is a social enterprise supporting causes that give people a better future. Its charitable bonds provide a unique and innovative way to raise new funds for social benefit. Later this month Citylife will be rebranding as Allia – the social profit society. This will be followed shortly afterwards by the launch of a new investment service, making its bond mechanism available as a fundraising tool for all charities working to give people a better future.
ARM is a registered trademark of ARM Limited. Mali is a trademark of ARM Limited All other brands or product names are the property of their respective holders. “ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries ARM Inc.; ARM KK; ARM Korea Limited.; ARM Taiwan Limited; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; ARM Germany GmbH; ARM Embedded Technologies Pvt. Ltd.; ARM Norway, AS and ARM Sweden AB
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