how coworking spaces and accelerators are reshaping london
Post on 16-Apr-2017
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OPEN WORKSPACE PROVIDERS GROUP
Sara Turnbull “How IAC's (Incubator , Accelerator and Coworking spaces) are reshaping London” • Chief Execu8ve, Bootstrap Company • Co-‐chair, Open Workspace Providers
Group
@saraturnbull44 @bootstrapco @Open_Workspaces
SOME STATISTICS
• 34 Incubators, 16 Accelerators, 112 Co-‐working spaces opera8ng in London. Over 50% of them established in the past 2 years
• 3800+ SMEs occupying these spaces at any one 8me
• The 20 largest ar8sts’ workspace providers have space for 6000 ar8sts
• 45% increase in ar8sts’ workspace rents over the last 10 years
• 30% of ar8sts’ workspace providers do not expect to be able to renew leases in the next 5 years.
FINDINGS AND ACTIONS
1. “RECOGNISE THE VALUE OF EXISTING LOW THRESHOLD ENTERPRISE SPACE”
2. “UNDERSTAND AFFORDABILITY, DEMAND, AND OCCUPANCY FOR DIFFERENT SECTORS”
3. “BETTER MONITOR THE IMPACT OF OPEN WORKSPACES ON BUSINESS GROWTH”
4. “COMMUNICATE AND SHARE BEST PRACTICE ON ESTABLISHING AND MANAGING SPACE”
5. “SPREAD THE BENEFITS OF OPEN WORKSPACES TO THE WIDER AREA -‐ PLACE AND COMMUNITY”
6. “ADDRESS GAPS IN OUTER LONDON AND SEMI-‐INDUSTRIAL WORKSHOPS”
7. “GET WORKSPACE PROVIDERS INVOLVED IN NEW HOUSING SCHEMES”
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