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London Borough of Islington, GB increases inclusivity of local economy with Affordable Workspaces
London Borough of Islington, GB Affordable Workspace
Voltooid
Borough leaders identified a lack of adequate facilities for local entrepreneurs and startups. Islington recruited operators for free or low-cost workspaces aimed at small businesses. Operators also provide mentoring, skill-building, and marketing support for their tenants. The first round of Affordable Workspaces included a textile workshop, recording studio, and retail space. Ten sites totaling 4,793 square meters of functional workspace were operational as of September 2022.
Project geslaagd
A council report estimated £1.24 million in social value generated during the program's three years.
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