The document discusses how incubators, accelerators, and coworking spaces are reshaping London. It provides statistics on the number of such open workspaces operating in London, including over 50% being established in the past 2 years. It notes challenges around affordability and availability of space, especially for artists. It outlines 7 findings and calls for actions to address issues like recognizing the value of existing low-threshold enterprise spaces and addressing gaps in availability outside of central London.

1. 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

2. THE
RESEARCH

3. 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.

4. 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”

5. LOW
THRESHOLD
ENTERPRISE
SPACE

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