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 arranging 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.”
