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models of incubators and workspace for homeless entrepreneurs


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keynote presentation given for 3xE in the summer of 2010 as part of their national programme exploring and developing incubator and workspace models for homless entrepreneurs

Published in: Business

models of incubators and workspace for homeless entrepreneurs

  1. 1. Incubating homeless entrepreneurs - from practice to theory and back again Adrian Ashton
  2. 2. 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 Ashto n
  3. 3. What is an incubator? - What words would you use? Adrian Ashto n
  4. 4. 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 Ashto n
  5. 5. Different models • Hub and spoke • Hybrid (mixed tenancy) • Integrated housing and workspace • ‘piggy back’ onto existing developments Adrian Ashto n
  6. 6. 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 Ashto n
  7. 7. 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 Ashto n
  8. 8. Problems and issues • Financing (development and cash-flow) • ‘move on’ • Common areas (“who took my milk?”) • Access and infrastructure • Enterprise culture Adrian Ashto n
  9. 9. 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 Ashto n
  10. 10. Where next...? • UKBI – • Development Trusts Association – • Asset Transfer Unit – • Each other! • Role of 3xE? • My research papers - Adrian Ashto n
  11. 11. Adrian Ashto n