Man behind plan to transform ‘eyesore’ Crindau ex-Sainsbury’s site to speak in Newport

Original article published by the South Wales Argus on 21st July 2015.

THE businessmen behind £60million proposal to regenerate the old Sainsbury’s site will speak at the Riverfront Theatre on August 4.

Bristol-based Fear Group has taken on the derelict former Sainsbury’s site in Shaftesbury and says its scheme will involve ‘massive improvements’ to the eyesore plot and river bank location.

Dr Stephen Fear, the British Library’s entrepreneur in residence, set up his first business aged 15. Dubbed the ‘phone box millionaire’, Stephen’s first office was a public phone box on the council estate where he lived with his father. Leon Fear has followed in his father’s footsteps to build up the Fear Group empire, which now embraces 64 companies.

In addition to this, the Fear Group is looking to invest in Wales’ growing digital sector and is currently in negotiations to bring a cutting edge green tech business to Newport with the potential to create up to 300 skilled jobs.

The two entrepreneurs will speak at one of the monthly ‘digital Tuesday’ sessions, discussing their story so far, details on their Newport regeneration plans and their thoughts and vision for Wales’s emerging digital tech sector.

Arrive at 5pm at the Riverfront for registration and networking before the two begin their speech ‘Investing in Wales’ at 5.30pm. There will then be and Q&A session followed by drinks and networking.

Launched by Sir Terry Matthews at Digital 2014, Digital Tuesday is a networking community driven by businesses, investors, entrepreneurs and innovators to discuss digital directions, share knowledge, stimulate ideas and “make things happen”.

The event is free to attend but registration is recommended at

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