Impact Hub London Euston at Regent’s Place will offer “affordable and accessible workspaces” to local community
Impact Hub London is in a landmark new deal with British Land to open a new innovative workspace in partnership with London’s Knowledge Quarter at British Land’s Regent’s Place Campus, Warren Street. Impact Hub London Euston at Regent’s Place will open its doors in April 2024.
A growing social enterprise supported by a global network, Impact Hub London Euston at Regent’s Place will offer under-served local communities affordable workspace and tailored business support, as well as arrange impactful engagement activities throughout Camden. London Euston is already part of the renowned Knowledge Quarter innovation district, home to world-class institutions such as UCL, the British Museum, the Wellcome Trust, The Francis Crick Institute, and leading tech companies such as Meta, Google, LinkedIn and Benevolent AI.
Rooted firmly within the local community, Impact Hub London has a mission to support social, cultural, and economic development, while bridging the innovation gap between science and technology, and local communities. The Knowledge Quarter partnership will utilise the space to connect its prestigious partners with start-ups and community groups directly.
The new space is 10 645 sq. ft and will include private offices, dedicated desks, flexible co-working spaces, meeting rooms and a large state of the art event space. This will be the Knowledge Quarter’s new headquarters, moving from the British Library.
The Knowledge Quarter area is an international leader in life sciences, data science and digital collections. As a result, this has led to exciting new cross-disciplinary research and business start-ups within the area. A quarter of all London’s life sciences companies are based in the Knowledge Quarter, as well as one-third of all AI businesses in London. Looking ahead at the next few years, the Knowledge Quarter will be home to Google’s European headquarters, the UK Dementia Research Institute, a new extension of the British Library, MSD’s Discovery Research Centre and a new site for Moorfield Eye Hospital.
The new launch follows the success of Impact Hub London’s King’s Cross location, which opened its doors in 2008 and has supported over 1000 entrepreneurs, and delivered 15 business support programmes. Across Camden and Islington, Impact Hub London currently delivers The Circular Start Up, which supports aspiring entrepreneurs develop solutions to the climate crisis, and New Roots, a mentoring and peer-to-peer programme for entrepreneurs from minority ethnic backgrounds.
Impact Hub London will be delivering two Incubators, one in Camden and on in Islington, aimed at boosting the social economy within the life science and health sectors. This activity is part of the Boosting Life Sciences Social Economy programme funded by the UK Government through the UK Shared Prosperity Fund and aims to support local entrepreneurs, to start inclusive and co-created solutions to address local health inequities.
Devi Clark, Managing Director at Impact Hub London, commented;
“Our London Euston location is a significant milestone in our mission to empower local communities across London. This dynamic and inclusive space will foster collaboration, and promote socially and environmentally beneficial innovation, making innovation accessible and inclusive for everyone.
Jodie Eastwood, CEO at London’s Knowledge Quarter, commented:
“We are thrilled to be partnering with Impact Hub London to launch a new innovation hub within our vibrant Knowledge Quarter, affirming our dedication to inclusive innovation. The new space will be a place for businesses, academia, and the local community to converge and collaborate. By linking world-renowned institutions and ambitious start-ups with the local communities, we’re confident that this partnership will fulfil the heart of the Knowledge Quarter’s mission.”
Simon Hepher-Davies, Asset Manager at British Land, commented:
“At Regent’s Place we are creating an innovation and life sciences campus in Central London, and it is essential that we provide a range of different types of spaces for these occupiers, from starts ups to larger businesses. This partnership enables us to provide affordable workspace for small businesses, who we can then hopefully support with future space in our campus as they evolve and grow.”
About Impact Hub London
Impact Hub London has supported social entrepreneurs for 15 years. We seek to inspire, connect and enable people to take entrepreneurial action to pioneer a just and sustainable world where business and profit are used in service of people and planet. We are part of a global network of 110+ Impact Hubs and over 26,000 impact-driven members
Alongside running a coworking space and online community, we deliver early and growth stage programmes and capacity building for social entrepreneurs and build ecosystems for them to collaborate, learn and deliver impact at scale. To develop a fairer and more sustainable economy, IHL provides targeted business support programmes aimed at entrepreneurs from disadvantaged backgrounds that ordinarily have less access to such support. These efforts help ensure that the sector is more inclusive and enables people to improve their livelihood and the lives of their families/communities through entrepreneurship.
Recognised as sector leaders in London, we are deeply engaged within the social enterprise sector, local communities, corporates and local government. We are part of the Collective Leaders Group that include Hatch and the Young Foundation, and a founding member of The Knowledge Quarter. Partners and collaborators include SEUK, Bank of America, London & Partners, Islington & Camden Councils, GLA, Housing Associations and local community organisations.
About The Knowledge Quarter
The Knowledge Quarter is a partnership of over 100 academic, cultural, research, scientific and media organisations within a one-mile radius comprising of King’s Cross, Bloomsbury and Euston.
Collectively, the geographic area of the Knowledge Quarter contains possibly the greatest knowledge cluster anywhere in the world and is the UK’s largest innovation district.
The KQ’s partners range from internationally significant research institutes to emerging organisations in the creative industries. Partners include the British Museum, Google, UCL, University of the Arts London, Digital Catapult, Wellcome Trust, and the British Library. The partners might be vastly different, but we all share one common purpose: the creation and dissemination of knowledge.
The Knowledge Quarter works together to unlock their diverse neighbourhoods’ unique resources of knowledge and innovation, for the benefit of all. It works to break down barriers and stimulate dialogue between knowledge producing organisations across Camden and Islington
About British Land
Our portfolio of high-quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe’s largest listed real estate investment companies.
We create Places People Prefer, delivering the best, most sustainable places for our customers and communities. Our strategy is to leverage our best in class platform and proven expertise in development, repositioning and active management, investing behind two key themes: Campuses and Retail & London Urban Logistics.
Our three Campuses at Broadgate, Paddington Central and Regent’s Place are dynamic neighbourhoods, attracting growth customers and sectors, and offering some of the best connected, highest quality and most sustainable space in London. We are delivering our fourth Campus at Canada Water, where we have planning consent to deliver 5m sq ft of residential, commercial, retail and community space over 53 acres. Our Campuses account for 63% of our portfolio.
Retail & London Urban Logistics accounts for 37% of the portfolio and is focused on retail parks which are aligned to the growth of convenience, online and last mile fulfilment. We are complementing this with urban logistics primarily in London, focused on development-led opportunities.
Sustainability is embedded throughout our business. Our approach is focused on three key pillars where British Land can create the most benefit: Greener Spaces, making our whole portfolio net zero carbon by 2030, Thriving Places, partnering to grow social value and wellbeing in the communities where we operate and Responsible Choices, advocating responsible business practices across British Land and throughout our supply chain, and maintaining robust governance structures.
Further details can be found on the British Land website at www.britishland.com