Andrew Dismore

Business Space

Question No: 2613 / 2012

Andrew Dismore

You have said that you would take “direct action to increase the availability of workspace in the capital…initiatives are in hand to encourage development of a variety of workspace provision to accommodate different needs and help develop a healthy balance of economic activities.” What action have you taken and what have the results been?

Written response from the Mayor

My Economic Business Policy Unit will commission research in the next few weeks to identify and map existing business incubators/accelerators and shared working space across London. The research will also look at the different financial models, success and options for improvement. We will also identify best ways of promoting these spaces among start ups and SMEs.  A map will be produced and promoted through various networks to ensure growth through Small and Medium Enterprises.