IT Company takes on New Cardiff Bay Office with Help from Development Bank of Wales

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Development Bank of Wales , 17th January 2024

A large Welsh IT firm is looking forward to an exciting future in its new home, thanks to a £289k loan from the Development Bank of Wales.

Steer IT Solutions provides IT services to businesses across Wales, including networking, cyber security and mobile phone connectivity.

The business launched in 2014 as a small, family company run by husband-and-wife team Emily and Stuart Steer, with the team initially working out of a small managed office in Windsor Place, Cardiff.

Thanks to the loan from the Development Bank, they have now bought their own venue on the Southpoint Industrial Estate off Clos Marion, in Cardiff Bay.

Stuart Steer and Emily Steer, Steer IT Solutions; Andrew Drummond, Development Bank of Wales.

Led by group operations director Stuart Steer, the company is a popular provider of IT support, tech, software and security to companies across Wales including private care and health firms, construction and legal companies to name just a few industries served.

Emily Steer, Director, said:

“Our first premises were a great place for us to start out as a business, but now we’re looking to expand and take on more roles, we needed to have a bit of a refresh in terms of our space and get somewhere bigger.

“The support we’ve had from the Development Bank of Wales has been great. With their help, we were able to secure the new site at the Southpoint Industrial Estate in good time, and our move to the new site has been painless – meaning we’ve been able to keep our focus on what we do as a business and supporting our customers without any interference.

“Having our own, larger premise will also give us the space we need to expand the business – whether it’s giving us dedicated training facilities for our staff, or in-house meeting rooms.”

Andrew Drummond, Investment Executive with the Development Bank of Wales, said:

“We’re really pleased to have supported Steer IT Solutions with their move. They’re a fantastic example of a leading business in Wales’ thriving tech sector, providing much-needed services to other companies across the country, and we’re glad to have given them the help they needed in expanding.”

The Wales Flexible Investment Fund offers investment for deals between £25,000 and £10 million, with loans, mezzanine finance and equity investment available.

For more information visit www.developmentbank.wales.

Mae cwmni TG mawr o Gymru yn edrych ymlaen at ddyfodol cyffrous yn ei gartref newydd, diolch i fenthyciad o £289k gan Fanc Datblygu Cymru.

Mae Steer IT Solutions yn darparu gwasanaethau TG i fusnesau ledled Cymru, gan gynnwys rhwydweithio, seiber ddiogelwch a chysylltedd ffonau symudol.

Lansiwyd y busnes yn 2014 fel cwmni teuluol bach sy’n cael ei redeg gan y tîm gŵr a gwraig Emily a Stuart Steer, gyda’r tîm yn gweithio i ddechrau o swyddfa fach a reolir yn Windsor Place, Caerdydd.

Diolch i’r benthyciad gan y Banc Datblygu, maen nhw bellach wedi prynu eu lleoliad eu hunain ar Stad Ddiwydiannol Southpoint oddi ar Clos Marion, ym Mae Caerdydd.

Dan arweiniad y cyfarwyddwr gweithrediadau grŵp Stuart Steer, mae’r cwmni’n ddarparwr cymorth TG, technoleg, meddalwedd a diogelwch poblogaidd i gwmnïau ledled Cymru gan gynnwys cwmnïau gofal preifat ac iechyd, cwmnïau adeiladu a chyfreithiol i enwi dim ond ychydig o ddiwydiannau a wasanaethir.

Dywedodd Emily Steer, y Cyfarwyddwr:

“Roedd ein safle cyntaf yn lle gwych i ni ddechrau fel busnes, ond gan ein bod ni bellach yn bwriadu ehangu a chymryd mwy o rolau, roedd angen i ni gael ychydig o adfywiad o ran ein gofod a chael rhywle mwy.

“Mae’r gefnogaeth rydyn ni wedi’i chael gan Fanc Datblygu Cymru wedi bod yn wych. Gyda’u cymorth, llwyddwyd i sicrhau’r safle newydd yn Ystâd Ddiwydiannol Southpoint mewn da bryd, ac mae symud i’r safle newydd wedi bod yn ddi-boen – sy’n golygu ein bod wedi gallu cadw ein ffocws ar yr hyn a wnawn fel busnes a cefnogi ein cwsmeriaid heb unrhyw ymyrraeth.

“Bydd cael ein safle mwy ein hunain hefyd yn rhoi’r lle sydd ei angen arnom i ehangu’r busnes – boed hynny’n rhoi cyfleusterau hyfforddi pwrpasol i’n staff, neu ystafelloedd cyfarfod mewnol.”

Dywedodd Andrew Drummond, Swyddog Buddsoddi gyda Banc Datblygu Cymru:

“Rydym yn falch iawn o fod wedi cefnogi Steer IT Solutions i symud. Maen nhw’n enghraifft wych o fusnes blaenllaw yn sector technoleg ffyniannus Cymru, yn darparu gwasanaethau y mae mawr eu hangen i gwmnïau eraill ledled y wlad, ac rydym yn falch o fod wedi rhoi’r cymorth sydd ei angen arnynt i ehangu.”

Mae Cronfa Buddsoddi Hyblyg Cymru yn cynnig buddsoddiad ar gyfer bargeinion rhwng £25,000 a £10 miliwn, gyda benthyciadau, cyllid mesanîn a buddsoddiad ecwiti ar gael.

I gael rhagor o wybodaeth ewch i www.bancdatblygu.cymru.