Rethinking SME workspace

Rethinking SME Workspace 9 December 2014

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Rethinking SME Workspace 9 December 2014

Welcome

Agenda 3:00

Arrivals and refreshments

3:30

Future of London welcome

3:35

Chair’s introduction: Tobias Goevert, GLA Regeneration

3:45

Workspace and regeneration: Matthew Blades, Westminster Council

4:00

Managing workspace for community benefit: Mark Allan, South Kilburn Trust

4:15

What do SMEs want?: Chris Pieroni, Workspace Group

4:30

Q&A and discussion

4:55

Chair’s summing up

5:00

Networking

5:30

Close

Rethinking SME Workspace Tobias Goevert

Area Regeneration Manager, GLA Regeneration

LONDON’S OPEN W O R K S PA C E S To b i a s G o e ve r t , Ar e a M a n a g e r, G L A R e g e n e r a t i o n Tu e s d a y 9 D e c e m b e r 2 0 1 4

SOME CONTEXT

WORK TO DATE

CAMDEN COLLECTIVE

639

BLACKHORSE WORKSHOP

OLD VINYL FACTORY

INDUSTRIAL AREAS

THE RESEARCH

THE RESEARCH I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g ( I AC s )

• M a p a n d d a t a b a s e o f I AC s in London • T h e r o l e o f I AC s i n regeneration • Geographical or sectorial gaps • Impact on business success and growth • I n t e r ve n t i o n s t h e p u b l i c sector should take

THE RESEARCH Ar t i s t s ’ Wo r k s p a c e S t u d i e s • General understanding of types, location, and scale o f p r o vi s i o n • Rents and affordability • Different models, threats a n d vu l n e r a b i l i t y • Establishment and operation

THE RESEARCH Ac c o m m o d a t i n g G r o w t h • Wider ranging study on the changing nature of town centres • Supporting ‘Further Al t e r a t i o n s t o t h e L o n d o n Plan’ • Understanding the nature of Low Threshold Enterprise space

OPEN WORKSPACES O p e n t o a l l o n a m e m b e r s h i p s b a s i s , p r o vi d e c o m p e t i t i ve a n d o f t e n a f f o r d a b l e w o r k s p a c e w i t h flexible terms, as well as business support P r o vi d e s h a r e d f a c i l i t i e s a n d e q u i p m e n t S u p p o r t S M E ’s a n d s t a r t - u p s a n d i n c l u d e I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g , Ar t i s t S t u d i o s a n d M a k e r spaces R a p i d l y g r o w i n g a n d e vo l vi n g f o r m a t s d r i ve n b y n e w ways of working M a n y c o m m e r c i a l p r o vi d e r s , b u t r o l e f o r p u b l i c sector too

ONLINE MAP

UPDATE MAP

Europe and Middle East

SOME STATISTICS • 3 4 I n c u b a t o r s , 1 6 Ac c e l e r a t o r s , 11 2 C o - w o r k i n g S p a c e s o p e r a t i n g i n L o n d o n . O ve r h a l f o f t h e m established in the past tw o years • 3800+ SMEs occupying these spaces at any one time • T h e 2 0 l a r g e s t a r t i s t s ’ w o r k s p a c e p r o vi d e r s h a ve space for 6000 artists • 4 5 % i n c r e a s e i n a r t i s t s ’ w o r k s p a c e r e n t s o ve r t h e last 10 years • 3 0 % o f a r t i s t s ’ w o r k s p a c e p r o vi d e r s d o n o t e x p e c t to be able to renew leases in the next 5 years.

COMMON FINDINGS AND ACTIONS FOR PROVIDERS AND T H E P U B L I C S E C TO R

-1“ R E C O G N I S E T H E VA L U E O F EXISTING LOW THRESHOLD E N T E R P R I S E S PA C E ”

Ac c o m m o d a t i n g G r o w t h i n To w n C e n t r e s , c h a p t e r 4 , P e t e r B r e t t As s o c i a t e s , M a c r e a n o r L a vi n g t o n Ar c h i t e c t s

LOW THRESHOLD ENTERPRISE SPACE

-2“ U N D E R S TA N D A F F O R D A B I L I T Y, D E M A N D , A N D O C C U PA N C Y F O R D I F F E R E N T S E C TO R S ”

Ar t i s t s ’ Wo r k s p a c e S t u d y, We M a d e T h a t

Artists’ Workspace Study (extract), We Made That

-3“ W E N E E D TO B E T T E R M O N I TO R T H E I M PA C T O F O P E N W O R K S PA C E S O N BUSINESS GROWTH”

I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g , URS, Gort Scot, Radimus, #1Seed

-4“ C O M M U N I C AT E A N D S H A R E BEST PRACTICE O N E S TA B L I S H I N G A N D M A N A G I N G S PA C E ”

I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g , URS, Gort Scot, Radimus, #1Seed Ar t i s t s ’ Wo r k s p a c e S t u d y, We M a d e T h a t

-5“SPREAD THE BENEFITS OF O P E N W O R K S PA C E S TO T H E WIDER AREA - PLACE AND COMMUNITY”

I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g , URS, Gort Scot, Radimus, #1Seed Ar t i s t s ’ Wo r k s p a c e S t u d y, We M a d e T h a t

-6“ADDRESS GAPS” L O C AT I O N : O U T E R L O N D O N TYPE: SEMI-INDUSTRIAL WORKSHOPS

I n c u b a t o r s , Ac c e l e r a t o r s , C o - w o r k i n g , URS, Gort Scot, Radimus, #1Seed

-7“ G E T W O R K S PA C E P R O V I D E R S I N V O LV E D I N NEW HOUSING SCHEMES”

Ac c o m m o d a t i n g G r o w t h i n To w n C e n t r e s , c h a p t e r 5 , P e t e r B r e t t As s o c i a t e s , M a c r e a n o r L a vi n g t o n Ar c h i t e c t s

OPEN WORKSPACE PROVIDERS GROUP • R e p r e s e n t O p e n Wo r k s p a c e p r o vi d e r s • Ad vi s e t h e L E P a n d G L A o n O p e n Wo r k s p a c e s • P r o vi d e a p o i n t o f c o n t a c t f o r h o u s i n g d e ve l o p e r s building non-residential uses • P r o vi d e g u i d a n c e o n p o l i c y • Ad vi s e o n p u b l i c s e c t o r i n ve s t m e n t i n w o r k s p a c e

CURRENT FUNDING OPPORTUNITIES • N e w H o m e s B o n u s - P l a c e s o f Wo r k T h e m e • GLA High Street Fund announcement of successful bids Jan/Feb 2014

+ S p e c i a l As s i s t a n c e Te a m • European Funding

• Housing Zones

PLACES OF WORK

THOUGHTS FOR DISCUSSION LATER • H e l p w i t h s e t t i n g t h e a g e n d a f o r M a y o r ’s O p e n Wo r k s p a c e P r o vi d e r s G r o u p • Share best practice on policy and guidance for affordable workspaces • D e ve l o p a f o r u m f o r p r a c t i t i o n e r s i n vo l ve d i n making workspace happen

Rethinking SME Workspace Matthew Blades

Principal Economic Development Officer, Westminster Council

Westminster City Council: Workspace and Regeneration Tuesday, 9 December 2014 Matthew Blades, mblades@westminster.gov.uk

Westminster Funding Context  Local Authority Business Growth Incentive  Civic Enterprise Fund (www.civicenterprisefund.co.uk)

 New Homes Bonus  Private sector

Enterprise Spaces What We’ve Done To Date  Co-working space & incubators

 Studio spaces  Street markets  Business support programmes and accelerators

Hub Westminster

Great Western Studios

Maida Hill Place and Street Market

School for Creative Start ups

HELP Enterprise

Church Street Renewal Area Bringing forward: pop-up enterprise space; container studios; new street market; maker space

Who do we work with to make this happen?

Research & evaluation e.g. economic impact experts

General business support organisations e.g. FSB

Landowners and property developers

Specialist business support organisations, e.g. Health Box

Incubators, Accelerators and Co-Working Spaces

Entrepreneur support networks e.g.

Capital Enterprise

Social enterprise sector e.g.

Nominet Trust

Innovation agencies e.g. NESTA

PARTNERS

Area based business groups e.g.

BIDs, Town Teams

Universities, e.g. UCL Advances, University of Westminster Charities & foundations e.g.

Vital Regeneration,

Trade bodies e.g. IPA Corporates e.g. CSR teams

Regional and national Government e.g. GLA, UKTI

Role for local authorities?  Landowner / property owner

 Planning policy and s106  Advocate and connector  Partner selection

 Funder

Thank you Matthew Blades, mblades@westminster.gov.uk

Rethinking SME Workspace Mark Allan

Chief Executive, South Kilburn Trust

South Kilburn Studios Mark Allan December 2014

Rethinking SME Workspace Chris Pieroni

Operations Director, Workspace Group

Thank you!

Future of London www.futureoflondon.org.uk @futureofldn Future of London

Rethinking SME Workspace 9 December 2014

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