Small and micro businesses account for 98% of businesses in London and nearly 50% of all employment. SMEs have capacity to deliver significant jobs and growth in London.
In recent years, London has seen an explosion in alternative workspaces catering to small and micro businesses (GLA 2014). The new generation of SME workspace tends to be more outwardfacing than previous iterations, and often combines leisure and social activities alongside employment. These spaces offer the public sector interesting and effective avenues for engaging with and supporting SME communities, in line with GLA and London Enterprise Panel priorities for the London economy.
Following on from FoL’s 2014 seminar on SME workspace provision, in 2016 we will run a year-long project exploring best-practice approaches to providing workspace for small and micro businesses in London, with a focus on how this can complement regeneration and economic development strategies.
Workspace that Works will present case studies covering a wide range of workspaces, operators, clients and outcomes, to help planning, regeneration and economic development practitioners find relevant best practice for their specific needs. As part of this research, we will be running regular field trips to areas with clusters of innovative workspaces as part of our Communities in Transition series.
To get involved in this project or to find out more, contact: Alexei Schwab, Head of Programme, at email@example.com; to received project updates, sign up to our newsletter or follow us on Twitter.