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Incubating homeless
entrepreneurs
- from practice to theory and back again
Adrian Ashton
www.adrianashton.co.uk
Who is this bloke?
• Led research into developing flagship, rural
and community incubators
• Described as ‘one of the leading thinkers on
social enterprise in the country’
• Lead officer for one of regions in national
social enterprise franchise ‘Aspire’ (homeless
social enterprise)
Adrian Ashto n
What is an incubator?
- What words would you use?
Adrian Ashto n
What is an incubator?
Business incubation provide SMEs and start-ups
with the ideal location to develop and grow their
businesses, offering everything from virtual
support, rent-a-desk through to state of the art
laboratories and everything in between. They
provide direct access to hands-on intensive
business support, access to finance and expertise
and to other entrepreneurs and suppliers to
really help businesses and entrepreneurs to grow
- faster.
UKBI
Adrian Ashto n
Different models
• Hub and spoke
• Hybrid (mixed tenancy)
• Integrated housing and workspace
• ‘piggy back’ onto existing developments
Adrian Ashto n
Why all the interest in incubation?
• For the entrepreneur =
– Emotional support / Sense of community
• National research over last decade =
– Incubators house 30 businesses, support further
150 through linked services
– 167 full time jobs
– X3 more likely to survive
– Source of ‘Innovation’
Adrian Ashto n
How to develop incubators
• New build
• Partner with existing facility (university, local
authority)
• Evolution of existing enterprise or facility
• Based on emerging/future market need and
demand
• Link to other support services and agencies
Adrian Ashto n
Problems and issues
• Financing (development and cash-flow)
• ‘move on’
• Common areas (“who took my milk?”)
• Access and infrastructure
• Enterprise culture
Adrian Ashto n
Relevance of incubators for homeless
entrepreneurs
• A dedicated space to focus the mind
• Flexible terms and support all in one place
• Supportive peer network
• Challenge perceptions about homeless
entrepreneurs through mix of tenants
• Ability to integrate support easily with other
services
Adrian Ashto n
Where next...?
• UKBI – www.ukbi.co.uk
• Development Trusts Association – www.dta.org.uk
• Asset Transfer Unit – www.atu.org.uk
• Each other!
• Role of 3xE?
• My research papers -
Adrian Ashto n
Adrian Ashto n

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models of incubators and workspace for homeless entrepreneurs

  • 1. Incubating homeless entrepreneurs - from practice to theory and back again Adrian Ashton www.adrianashton.co.uk
  • 2. Who is this bloke? • Led research into developing flagship, rural and community incubators • Described as ‘one of the leading thinkers on social enterprise in the country’ • Lead officer for one of regions in national social enterprise franchise ‘Aspire’ (homeless social enterprise) Adrian Ashto n
  • 3. What is an incubator? - What words would you use? Adrian Ashto n
  • 4. What is an incubator? Business incubation provide SMEs and start-ups with the ideal location to develop and grow their businesses, offering everything from virtual support, rent-a-desk through to state of the art laboratories and everything in between. They provide direct access to hands-on intensive business support, access to finance and expertise and to other entrepreneurs and suppliers to really help businesses and entrepreneurs to grow - faster. UKBI Adrian Ashto n
  • 5. Different models • Hub and spoke • Hybrid (mixed tenancy) • Integrated housing and workspace • ‘piggy back’ onto existing developments Adrian Ashto n
  • 6. Why all the interest in incubation? • For the entrepreneur = – Emotional support / Sense of community • National research over last decade = – Incubators house 30 businesses, support further 150 through linked services – 167 full time jobs – X3 more likely to survive – Source of ‘Innovation’ Adrian Ashto n
  • 7. How to develop incubators • New build • Partner with existing facility (university, local authority) • Evolution of existing enterprise or facility • Based on emerging/future market need and demand • Link to other support services and agencies Adrian Ashto n
  • 8. Problems and issues • Financing (development and cash-flow) • ‘move on’ • Common areas (“who took my milk?”) • Access and infrastructure • Enterprise culture Adrian Ashto n
  • 9. Relevance of incubators for homeless entrepreneurs • A dedicated space to focus the mind • Flexible terms and support all in one place • Supportive peer network • Challenge perceptions about homeless entrepreneurs through mix of tenants • Ability to integrate support easily with other services Adrian Ashto n
  • 10. Where next...? • UKBI – www.ukbi.co.uk • Development Trusts Association – www.dta.org.uk • Asset Transfer Unit – www.atu.org.uk • Each other! • Role of 3xE? • My research papers - Adrian Ashto n