models of incubators and workspace for homeless entrepreneurs

Incubating homeless entrepreneurs - from practice to theory and back again Adrian Ashton www.adrianashton.co.uk

Who is this bloke?
Led research into developing flagship, rural and community incubators
Described as ‘ one of the leading thinkers on social enterprise in the country ’
Lead officer for one of regions in national social enterprise franchise ‘Aspire’ ( homeless social enterprise )
Adrian Ashton

What is an incubator?
What words would you use?
Adrian Ashton

What is an incubator?
Business incubation provide SMEs and start-ups with the ideal location to develop and grow their businesses, offering everything from virtual support, rent-a-desk through to state of the art laboratories and everything in between. They provide direct access to hands-on intensive business support, access to finance and expertise and to other entrepreneurs and suppliers to really help businesses and entrepreneurs to grow - faster.
UKBI
Adrian Ashton

Different models
Hub and spoke
Hybrid (mixed tenancy)
Integrated housing and workspace
‘ piggy back’ onto existing developments
Adrian Ashton

Why all the interest in incubation?
For the entrepreneur =
Emotional support / Sense of community
National research over last decade =
Incubators house 30 businesses, support further 150 through linked services
167 full time jobs
X3 more likely to survive
Source of ‘Innovation’
Adrian Ashton

How to develop incubators
New build
Partner with existing facility (university, local authority)
Evolution of existing enterprise or facility
Based on emerging/future market need and demand
Link to other support services and agencies
Adrian Ashton

Problems and issues
Financing ( development and cash-flow )
‘ move on’
Common areas ( “who took my milk?” )
Access and infrastructure
Enterprise culture
Adrian Ashton

Relevance of incubators for homeless entrepreneurs
A dedicated space to focus the mind
Flexible terms and support all in one place
Supportive peer network
Challenge perceptions about homeless entrepreneurs through mix of tenants
Ability to integrate support easily with other services
Adrian Ashton

Where next...?
UKBI – www.ukbi.co.uk
Development Trusts Association – www.dta.org.uk
Asset Transfer Unit – www.atu.org.uk
Each other!
Role of 3xE?
My research papers -
Adrian Ashton

Adrian Ashton

models of incubators and workspace for homeless entrepreneurs

by Adrian Ashton on Nov 15, 2010

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