A new marine project is hoped to initiate a jobs boom in the sector, centred around Bangor University. An innovation centre will be set up at Menai Bridge, Anglesey, providing support facilities for Welsh companies. "It's about generating new jobs and new businesses and encouraging existing businesses to grow," said the project manager Dr Gay Mitchelson-Jacob. "Existing business might grow in terms of their turnover or they might be able to take on new people." She added: "There are a whole series of goals. There's a large part which is about the research and development side — universities working in collaboration with businesses."