GeoVation problem Pow Wow Output 23 April 2013, Shoreditch

1. How do we build healthy
communities in
Shoreditch?
Problem Pow Wow Output
23rd
April, 2013 - Shoreditch © All rights reserved - Chris JL

2. Summary
10 people engaged in total
72 ‘raw’ problems
23 sub-themes
47 insights.

9. Healthy communities
By “building healthy
communities” we mean building
capital, whether this is natural,
human, social, manufactured or
financial.

11. The Five Capitals Model
The Five Capitals Model provides a basis for understanding sustainability
in terms of the economic concept of wealth creation or ‘capital’.
Any community will use five types of capital to deliver its products or
services. A sustainable community will maintain and where possible
enhance these stocks of capital assets, rather than deplete or degrade
them.
The model allows communities to broaden its understanding of financial
sustainability by allowing business to consider how wider environmental
and social issues can affect long-term profitability.

12. The Five Capitals Model for healthy
communities comprises of five values:
1. Natural environment
2. Human health and wellbeing
3. Social interaction
4. Manufactured assets
5. Financial assets

13. We asked
What are the barriers to building
healthy communities (capital) in
Shoreditch?”
© All rights reserved - photographer695

14. Value 1: Natural Capital (environmental)
Natural resources (e.g timber, gas, recycling) and
processes (e.g climate regulation) used within
communities to produce products or services and
maintain environmental balance.
Enhanced by more efficient use of materials, cleaner
environment and protecting eco-systems.

15. Sub theme 1. Cost of pollution
Key problems associated with pollution
in Shoreditch and surrounding areas

16. What is the problem?
Why does it matter?
# 1.1 Industrial waste affect growing areas
How do we reduce the high levels of lead and other
contamination that affects residents’ community
gardens.
Lead poisoning can cause abdominal pain, headaches
and in extreme circumstances seizures and death1
.
Therefore produce must be grown in expensive raised
beds costing more than £10/metre squared2
rather than
cultivating contaminated soil at ground level.

17. Who does it affect?
Where does it happen?
# 1.1 Industrial waste affect growing areas
New North Road and Estate Community Gardens and
residents’ gardens
Wenlock Barn Estate

18. What is the problem?
Why does it matter?
# 1.2 Congested pollution
How do we reduce pollution in heavily congested areas
of Shoreditch where people walk around?
Fine particles from air pollution can lead to short term
irritation of the eyes, nose and throat and long-term
effects such as asthma, chronic respiratory disease and
lung cancer. Pollution caused 4267 premature deaths in
London in 2008. A permanent reduction in pollution
would add 3 weeks to Londoners’ lives.3

19. Who does it affect?
Where does it happen?
Pedestrians.
In particular in roads (rat runs) heavily used to avoid
traffic exclusion zones.
# 1.2 Congested pollution

20. Sub theme 2. Cost of dumping
waste
Key problems associated with dumping
of waste.

21. What is the problem?
Why does it matter?
# 2.1 Night time economy dumping
How do we educate those out for the evening to have
a good time and not dump litter?
Hackney Council spend over £1 million of their £1.1.
billion yearly public spending budget4
on cleaning the
streets5
.

22. Who does it affect?
Where does it happen?
Residents and visitors in the evening extended to work
Near pubs, bars, restaurants, takeaways as well as
connecting routes.
# 2.1 Night time economy dumping

23. What is the problem?
Why does it matter?
# 2.2 Dog poo blues
How do we encourage irresponsible dog owners to
ensure their dogs’ poo is not fouling the environment?
It creates an unpleasant and unhygienic environment for
residents and visitors. 100 cases of toxocariasis, which in
extreme cases leads to blindness, are caught by children
playing in areas where dog faeces are every year6
.

24. Who does it affect?
Where does it happen?
Residents and people visiting the area
Main dog walking routes such as parks, streets and
pedestrianised areas
# 2.2 Dog poo blues

25. What is the problem?
Why does it matter?
# 2.3 Low priority recycling
How can we make recycling fun and a ‘no-brainer’ for
people and businesses to do as part of their daily
habits?
Britain throws more into landfill than any other country in
Europe. Hackney Council’s aim is that by 2020 half of all
waste will be recycled, this is double what is recycled
currently7
. For every tonne over quota there is fine of £150
to Council’s8
, which cuts into the public spending budget.

26. Who does it affect?
Where does it happen?
Businesses, householders, visitors to Shoreditch
Businesses, householders, parks and throughout the
area
# 2.3 Low priority recycling

27. Sub theme 3. Locally sourced power
Key problems associated with generating
power locally

28. What is the problem?
Why does it matter?
# 3.1 Powered by Shoreditch
How could we generate more renewable energy in
Shoreditch by engaging local businesses and residents?
Demand for energy in London is rising by 4% a year.
Boris Johnson has set a target that 25% of the capital’s
energy should be created from local sources by 2025.9
However, the UK is set to miss the EU target of 20%
renewable energy production by 2020.10

29. Who does it affect?
Where does it happen?
All people
Potentially the whole area
# 3.1 Powered by Shoreditch

30. What is the problem?
Why does it matter?
# 3.2 Lack of power
How do we ensure new and expanding businesses get
access to the power they rapidly need to operate e.g. a
new restaurant?
Sourcing suitable power can delay the process for a new
business moving into the area and is a potential barrier.

31. Who does it affect?
Where does it happen?
New businesses, expanding businesses.
Throughout the area
# 3.2 Lack of power

32. Sub theme 4. Sourcing food locally
Key problems associated with sourcing
food locally

33. What is the problem?
Why does it matter?
# 4.1 Get it here
How could we enable local eateries to source local/
sustainable food?
Londoners spend nearly £11 billion on food a year which
has travelled an average of 1,300 food miles despite 12,000
hectares of Greater London being farmland.11
13% of
England’s food and drink manufacturing enterprises are
located in London, employing 31,000 people.12

34. Who does it affect?
Where does it happen?
Businesses and residents
Throughout the area
# 4.2 Get it here

35. Sub theme 5. Internet speed and coverage
Key problems associated with internet
speed and coverage

36. What is the problem?
Why does it matter?
# 5.1 Slow and expensive internet
How can we influence the two main internet suppliers
to install cable into the area to increase connection
speed and reduce costs?
Progress is already being made. The Shoreditch Network collaboration
is delivering high speed fibre infrastructure and secure IT cloud
services for the cluster of businesses in Shoreditch. The collaboration
comprises three Tech City based technology businesses – bandwidth
infrastructure provider euNetworks, leading cloud hosting provider
Carrenza, and network specialists Optimity.13

37. Who does it affect?
Where does it happen?
Businesses, residents and visitors
Throughout the area
# 5.1 Slow and expensive internet

38. What is the problem?
Why does it matter?
# 5.2 100% public Wi-Fi access
How do we ensure everyone who lives or visits
Shoreditch gets 100%, fast coverage, for free?
One in seven people (14%) insist wifi access is crucial for
them to consider entering a coffee shop while one in ten
have changed venue because of a lack of internet access.
Nearly three in five (58%) people admit they connect
online when out shopping.14

39. Who does it affect?
Where does it happen?
Businesses, residents and visitors
Throughout the area
# 5.2 100% public Wi-Fi access

40. Value 2: Human Health and
Wellbeing
Peoples’ health, wellbeing, knowledge, skills,
motivation and relationships.
Can be enhanced through support, opportunity,
education, training, health promotion, recreation,
human rights.

41. Sub theme 6. Business cost of social exclusion
Key problems associated with business
cost of social exclusion

42. What is the problem?
Why does it matter?
# 6.1 Old Street Tube
How can we create a positive impression for people
arriving at Old Street tube station?
Old Street tube station is particularly important since
Shoreditch tube station closed in 2006; in 2011-12 it had
1,336,722 entries and exits15
. However, a local hotel
recently lost a corporate client and 1,000 room bookings
due to its poor appearance.

43. Who does it affect?
Where does it happen?
Businesses, residents and visitors to area
Old Street
# 6.1 Old Street Tube

44. Sub theme 7. Discovering genuine employment
and employability opportunities
Key problems associated with finding
opportunities

45. What is the problem?
Why does it matter?
# 7.1 Lack of opportunity
How can we help those seeking employment tackle
long-term health problems?
78% of the unemployed have been out of work for a year
or more. Many are lone parents with over 40%
diagnosed with health problems.16

46. Who does it affect?
Where does it happen?
Those seeking employment or transition to a new job
All areas
# 7.1 Lack of opportunity

47. What is the problem?
Why does it matter?
# 7.2 Opportunity unaware
How do we ensure that people are fully aware of all
the opportunities to volunteer and ‘try stuff out’ when
they think there’s nothing available?
Employers are 73% more likely to employ someone that
volunteers over someone that doesn’t17
. Other benefits
include improving self-confidence, meeting new people
and helping build pride in the community.

48. Who does it affect?
Where does it happen?
Unemployed
All areas
# 7.2 Opportunity unaware

49. Sub theme 8. Developing great employability skills
Key problems associated with developing
great employability skills

50. What is the problem?
Why does it matter?
# 8.1 Lack of individual skills
How can we help specific unemployed people to
develop basic employability skills such as timeliness,
good communication and dealing with authority, so
they can operate effectively in the work place?
Of Hackney’s population of 246,270, thirty percent are
unemployed, with 1,800 of 18-24 year olds not in
employment or education.18

51. Who does it affect?
Where does it happen?
Unemployed / low skilled / low paid
Poorer East London and public housing areas
# 8.1 Lack of individual skills

52. What is the problem?
Why does it matter?
# 8.2 Lack of skills
How can we help employers find employees from the
local market?
Recruiting from the locality will create ‘local buzz’ which
creates an environment conducive to innovative
knowledge transfer between businesses and therefore
competitive advantage over other areas.19

53. Who does it affect?
Where does it happen?
Small and growing businesses e.g. tech
Across wards
# 8.2 Lack of skills

54. Sub theme 9. Attracting and retaining skilled
people
Key problems associated with attracting
and retaining skilled people

55. What is the problem?
Why does it matter?
# 9.1 Lack of affordable housing
How can we make it possible for residents to stay in
Shoreditch when local housing is becoming increasingly
unaffordable?
People are moving out of Shoreditch which may lead to
weaker work ties to the area. An increase of 10km in
commuting distance to work reduces the expected
duration of stay in the same job and residence by 2 years.20

56. Who does it affect?
Where does it happen?
People on benefits and low paid
Poorer East London and public housing areas
# 9.1 Lack of affordable housing

57. Theme 10. Developing a new business model for
recruitment
Key problems associated with recruiting
local people

58. What is the problem?
Why does it matter?
# 10.1 The existing recruitment model
How can we get employers engaged to shift and
change policy on how they recruit for talent from
traditional filtering e.g. 2:1 grading from ‘Russell group
universities’ to something more flexible
70% of graduate employers demand at least a 2:1 degree and a
quarter of recruiters feel ‘new’ universities produce lower
quality graduates21
. 6.9% of employers in the UK insist on taking
only candidates from Russell Group universities22
, however only
one of the six universities in the Hackney area is part of the
Russell Group23
.

59. Who does it affect?
Where does it happen?
SME’s, big corporates e.g. Facebook
Across wards
# 10.1 The existing recruitment model

60. Sub theme 11. Healthier lifestyles
Key problems associated with adopting
healthier lifestyles

61. What is the problem?
Why does it matter?
# 11.1 Educating healthy lifestyles
How can we better educate people about, and get
them to actively engage in, adopting healthier lifestyles
despite rising costs and austerity?
People have ‘healthier living’ campaign-fatigue. 57% of
people use cost as their excuse for not eating healthy
foods24
. 35,709 people in the Borough of Hackney (14.6%
of the population) have a long term limiting illness16
.

62. Who does it affect?
Where does it happen?
All demographics
Shoreditch wide
# 11.1 Educating healthy lifestyles

63. What is the problem?
Why does it matter?
# 11.2 Competing for disposable time
How do we make sport relevant and timely as a 3-day-
a-week habit when it’s competing against other
activities like Facebook, YouTube and shopping?
33% of adults are involved in group sport activities, this
is the largest single category of social participation25
. A
bout of physical activity can result in anxiety levels and
feelings of increased well-being for up to 3 hours after
the activity26
.

64. Who does it affect?
Where does it happen?
All demographics
Shoreditch wide
# 11.2 Competing for disposable time

65. What is the problem?
Why does it matter?
# 11.3 Scary sport
How can we make participation in sport accessible to
all by removing the barriers that make it feel formal
whilst creating mass participation?
If sport is seen as something that you have to be skilled
to do, it can be off-putting to those who lack the
confidence to get involved. 35% of adults don’t
participate in sport because they don’t have someone to
do it with27
.

66. Who does it affect?
Where does it happen?
All demographics
Shoreditch wide
# 11.3 Scary sport

67. What is the problem?
Why does it matter?
# 11.4 The poor health trap
How can we make is possible for those on low income
to eat healthily, do more exercise and reduce
dependency (in specific cases) on drugs, alcohol and
unhealthy food?
1/3 of unemployed in Shoreditch have a long-term
health problem. In addition, the average life of someone
living in East London is 4 years shorter than the national
average of 85 for men and 89 for women.28

68. Who does it affect?
Where does it happen?
All demographics
Shoreditch wide
# 11.4 The poor health trap

69. What is the problem?
Why does it matter?
# 11.5 Ethnicity diets
How can we encourage various community groups who
have specific diets with very high fat content to
consider healthier choices?
Some groups are constrained in terms of what they eat by,
for example, their religion. BME groups generally have
worse health than the overall population29
. Nearly a fifth of
all Londoners are obese, whereas 41% of the Black African
female population living in London are obese30
.

70. Who does it affect?
Where does it happen?
Specific community groups
Shoreditch wide
# 11.5 Ethnicity diets

71. Value 3: Social Capital
Social interactions such as families, communities,
organisations, and groups that help us maintain and
develop human wellbeing.
Can be enhanced through shared values and trust.

72. Sub theme 12: Spatial Information
Key problems associated with making
information about spaces more visible
and accessible to groups of people…

73. # 12.1 Community space mapping
How do we identify places across Shoreditch that are
significant to different groups of people (say a bingo
club, a mosque, a café) to enable smarter
communication?
Money and time could be wasted on ineffectual
communications campaigns. Knowing what people view
as significant allows more effective targeting of
communications about, and delivery of, services.
What is the problem?
Why does it matter?

74. # 12.1 Community space mapping
Professionals wanting to communicate more
effectively with groups in Shoreditch. People wanting
access to, or to join, a group
We don’t know! Across Shoreditch.
Who does it affect?
Where does it happen?

75. # 12.2 What’s planned?
How do we keep people informed about what planning
applications are in progress across Shoreditch and
enable easier access to and influence of the process?
If people don’t know about planning applications, they
can’t comment or influence development happening in
their local area. Public notices on lampposts and
complex websites are not accessible to all, particularly
the disabled and those without internet access.
What is the problem?
Why does it matter?

76. # 12.2 What’s planned?
Everyone living in Shoreditch.
Any areas where development activity is going to take
place or where someone with a development interest
has identified.
Who does it affect?
Where does it happen?

77. Sub theme 13: Eliminating assumption
Key problems associated with
eliminating assumptions about
communities and their views to create
better understanding of communities’
wants and needs…

78. # 13.1 Local perceptions of place
How do we help the council better understand local
views on what does and doesn’t constitute an area,
rather than relying on administrative boundaries
drawn on a map?
Administrative boundaries may not reflect what parts of
an area are important to members of the community,
resulting in services being targeted in the wrong place
and being less effective.
What is the problem?
Why does it matter?

79. # 13.1 Local perceptions of place
Residents of Shoreditch
Planners
Shoreditch
Who does it affect?
Where does it happen?

80. # 13.2 What they say it is
How can you measure the impact of any interventions
on the social capital of different groups in Shoreditch?
Social capital is what the recipient of the intervention
thinks it is, not what the provider of the intervention
says it is. Actual and perceived impacts of intervention
may be viewed differently by conflicting parties.
What is the problem?
Why does it matter?

81. # 13.2 What they say it is
Recipients of interventions designed to improve social
capital in Shoreditch
Across Shoreditch in areas where specific groups are
active
Who does it affect?
Where does it happen?

82. # 13.3 Park user conflict
How can we better tap into park users’ view on the use
of the park without resorting to traditional focus
groups and the usual suspects?
Parks add five percent to the value of dwellings within
500 feet of them but also add value in terms of health
benefits, community cohesion and reducing pollution31
.
What is the problem?
Why does it matter?

83. # 13.3 Park user conflict
Dog walkers
Sports users
Residents who live next to it.
Shoreditch Park (one of fifty six in Hackney)
Who does it affect?
Where does it happen?

84. Sub theme 14: Creating connections
Key problems associated with
creating connections between
disparate groups of people…

85. # 14.1 Digital apprenticeships
How can we help young people get actively involved in
Digital Shoreditch now, in order that they are
participants in the long term future?
Better links between Digital Shoreditch and Hackney’s
57,024 young people32
will help to avoid a massive
severance between it and the immediate local
community (such as has occurred in Canary Wharf33
).
What is the problem?
Why does it matter?

86. # 14.1 Digital apprenticeships
Young people at secondary school and in further
education.
Within the schools and colleges of Shoreditch and the
surrounding areas. Within the businesses of Tech City.
Across various online communities.
Who does it affect?
Where does it happen?

87. # 14.2 Empowering non-techies
How can the technology businesses of Shoreditch
connect and empower non-technical members of the
local community?
144,473 people live, work and play in Shoreditch34
and
52% of the economy is in sectors other than science,
technical and professional, information and
communication35
.
What is the problem?
Why does it matter?

88. # 14.2 Empowering non-techies
Anyone not part of the Tech City community
Non digital (analogue) parts of Shoreditch.
Who does it affect?
Where does it happen?

89. # 14.3 Digital community feedback
How do we prevent community members who do not
have access to social media etc. from becoming
marginalised from the debate that affects them?
In the UK 21% of adults do not have access to the
internet and 4 in 10 users do not have a social
networking site profile36
. For a truly healthy Shoreditch
community, developments such as Tech City should not
result in marginalisation of its members.
What is the problem?
Why does it matter?

90. # 14.3 Digital community feedback
Non-digital population
Shoreditch and the immediate area.
Who does it affect?
Where does it happen?

91. Sub theme 15: Positive transition
Key problems associated with
ensuring transitory nature of some of
the community members of
Shoreditch has positive impact…

92. # 15.1 As you’d like it
How can we minimise, or indeed eliminate, antisocial
behavior, noise pollution and property destruction that
can occur from transitory night life communities who
take less care than they might in areas where they
live?
There were 2056 crimes in Hackney per 1000 residents
in January 2013, nearly 400 of which were cases of anti-
social behaviour.37
Residents’ quality of life can be
affected and friction can build up between resident
communities and the transitory population.
What is the problem?
Why does it matter?

93. # 15.1 As you’d like it
Residents of Shoreditch
Shoreditch High Street
Brick Lane
Who does it affect?
Where does it happen?

94. # 15.2 Capturing transitory value
How can the social capital that occurs in Shoreditch
during different points of the day be made more
accessible to other areas such as Hackney or Tower
Hamlets?
Shoreditch contains transitory populations who come in
to work and leave again but maybe don’t take back and
share the ‘Shoreditch Experience’.
What is the problem?
Why does it matter?

95. # 15.2 Capturing transitory value
People who work, but not live, in Shoreditch.
In the businesses of Shoreditch.
Who does it affect?
Where does it happen?

96. Sub theme 16: Volunteer constraints
Key problems associated with
capitalising on peoples’ desire to
volunteer despite the constraints they
may have…

97. # 16.1 Minutes look after the hours
How do we aggregate the slivers of peoples’ limited
time and their know how to make a difference in the
community?
Even a few minutes volunteering can make a real
difference from writing a letter to a sick child to making
resusable bags to support recycling.
What is the problem?
Why does it matter?

98. # 16.1 Minutes look after the hours
All
Everywhere
Who does it affect?
Where does it happen?

99. # 16.2 Green volunteers
How do we help those who want to volunteer in green
spaces know where they can do so and what
opportunities exist?
£7.8 million is budgeted to manage and maintain
Hackney’s 56 parks, gardens and open spaces in 2013-
1438
which is £1.2 million less than the year before39
.
Volunteers could make a significant contribution.
What is the problem?
Why does it matter?

100. # 16.2 Green volunteers
Parks department staff
Local people with an interest in green spaces and a
potential desire to volunteer.
Parks in Hackney
Who does it affect?
Where does it happen?

101. Value 4: Manufacturing assets
Includes buildings, transport, communications, and
available technology and tools within communities.
Can be enhanced by more sustainable and efficient
use of these assets.

102. Sub theme 17: Tech asset utilisation
Key problems associated with
enabling better utilisation of
technology assets…

103. # 17.1 Ready, steady, tech!
How can we use any underutilised digital infrastructure
that comes with Tech City (e.g. fast video links etc.) to
help people communicate, create new businesses or
produce other forms of value?
Tech City has seen £50 million investment from the
government40
but the infrastructure is not used efficiently
24/7. Exploiting this could help maximise returns on the
investment while creating new businesses and helping
their routes to market and so on.
What is the problem?
Why does it matter?

104. # 17.1 Ready, steady, tech!
People who want to access technology but don’t own
any.
Across Shoreditch.
Who does it affect?
Where does it happen?

105. Sub theme 18: Mobile asset utilisation
Key problems associated with
enabling better utilisation of mobile
assets and their by-products…

106. # 18.1 Upcycling
How can we use any excesses that Shoreditch
produces (e.g. heat from businesses, waste food from
restaurants) for the good of the community?
Harnessed wasted resource would be of value to the
local community if appropriate systems were designed
and implemented. Also there would be greater ties
between the tech-city and surrounding residents.
What is the problem?
Why does it matter?

107. # 18.1 Upcycling
Businesses that have any excesses
Communities that may be losing out
Shoreditch shops, restaurants, businesses.
Who does it affect?
Where does it happen?

108. # 18.2 Disparate deliveries
How can we minimise the waste in energy and fuel
that results from disparate deliveries coming into
Shoreditch on a daily basis?
The current approach results in: wasted energy,
congestion, CO2 emissions, noise, pollution. Traffic
combustion causes 5000 premature deaths in the UK
each year41
.
What is the problem?
Why does it matter?

109. # 18.2 Disparate deliveries
Companies that order things
Businesses in Shoreditch
Who does it affect?
Where does it happen?

110. # 18.3 Cyclic kinetic
How can we capitalise on the kinetic energy that is
produced each time someone rides on a Boris Bike?
One person cycling for an hour 30 days a month could
produce 3 kWH, this is equivalent to 1% of an average
families energy usage42
.
What is the problem?
Why does it matter?

111. # 18.3 Cyclic kinetic
Everyone who uses a Boris Bike.
Shoreditch and beyond (through the network of Boris
Bike hubs).
Who does it affect?
Where does it happen?

112. Sub theme 19: Fixed asset utilisation
Key problems associated with
enabling better utilisation of existing
fixed assets…

113. # 19.1 Filling empty spaces
How can busy night-time assets be used to create
social capital during the day (and vice versa with assets
such as school buildings to create social capital at
night).
Groups who might need spaces to use, and may
typically require a new community building, could use
buildings lying dormant in the day. Publicly funded
building such as schools would produce greater returns
on their investment, representing better public value.
What is the problem?
Why does it matter?

114. # 19.1 Filling empty spaces
Night time community
Day time community
Across Shoreditch
Who does it affect?
Where does it happen?

115. # 19.2 Green & blue space usage
How can our parks and waterways and associated
facilities be viewed by the local community as outdoor
leisure centres or outdoor community centres?
Communities are not using parks as much as they might
and residents’ health and well-being could benefit.
Tackling this problem would provide data on utilisation,
which in turn could secure future funding.
What is the problem?
Why does it matter?

116. # 19.2 Green & blue space usage
Parks department
Local entrepreneurs (e.g. someone who want to
establish a business, say a café, in a park)
56 parks and any waterways, rivers or lakes in
Hackney (or Tower Hamlets).
Who does it affect?
Where does it happen?

117. # 19.3 Capital mapping
How could we better know what all the different bits
of ‘kit’ (small and large including analogue as well as
digital hardware) that exists across Shoreditch are, and
how they are being used?
If we knew what tools, machines and other physical kit
existed, then the data could allow new value to be
created with the community accessing a ‘library’ of hard
infrastructure information.
What is the problem?
Why does it matter?

118. # 19.3 Capital mapping
Anyone who wants to know about manufactured
capital in Shoreditch.
Shoreditch.
Who does it affect?
Where does it happen?

119. # 19.4 Empty office use
How could we make use of Shoreditch office space that
is empty at night?
Closed offices at night represent a significant amount of
space that is currently wasted and may be able to be
used to good effect by community groups.
What is the problem?
Why does it matter?

120. # 19.4 Empty office use
Office landlords
Business owners
Residents
Offices in Shoreditch.
Who does it affect?
Where does it happen?

121. Value 5: Financial assets
A measure of success in the form of shares, bonds
and cash.
Can be enhanced by ensuring this is balanced by
environmental, human, social and manufacturing
values, fair distribution of wealth, creating wealth in
communities.

122. Sub Theme 20: Community led
investment
Key problems associated with
enabling the community to lead on
investment decisions in and around
Shoreditch…

123. # 20.1 Community cooperative
How can we enable neighborhood level economies of
scale and increased purchasing power for investments
in renewable energy?
An average 3Kw solar panel installation costs an
individual around £6500.43
If householders could form
cooperatives more easily, discounts could be available
for group purchases.
What is the problem?
Why does it matter?

124. Shoreditch population unable to engage in renewable
energy.
Across Shoreditch.
Who does it affect?
Where does it happen?
# 20.1 Community cooperative

125. Sub theme 21: New investment models
Key problems associated with
developing new investment models to
manage risk…

126. # 21.1 Retrofit investment risk
How can we create an investment model that reduces
the risks associated with big ‘retrofit’ investments and
creates suitable financial models for landlords and
private, public, social stakeholders?
Scalable and rapid retrofit is not taking off because of a
lack of stability and new business models perceived as
risky.
What is the problem?
Why does it matter?

127. # 21.1 Retrofit investment risk
Big business, households and Local Authority assets.
Across Shoreditch.
Who does it affect?
Where does it happen?

128. # 21.2 Business growth
How do we find investors prepared to take risks on
new businesses?
The government has invested £50 million into Tech
City40
. However, new and ongoing investment is
required for Tech City to thrive and for other non-digital
aspects of Shoreditch to grow from a business
perspective.
What is the problem?
Why does it matter?

129. # 21.2 Business growth
Existing businesses who want to expand.
New businesses who want to start up
Investment community
Across Shoreditch.
Who does it affect?
Where does it happen?

130. # 21.3 Renewable purchase power
How can we enable business level economies of scale
and increased purchasing power for investments in
renewable energy?
Cost of investment in renewables can be off-putting to
businesses who have already made investments in
setting up or growing their business.
What is the problem?
Why does it matter?

131. # 21.3 Renewable purchase power
Businesses, owners and senior executives.
Across Shoreditch.
Who does it affect?
Where does it happen?

132. Sub theme 22: Growth climate
Key problems associated with
creating conditions for businesses to
remain and grow in Shoreditch…

133. # 22.1 Affordable work space
How can we create a way for those businesses who are
expanding or have a growth strategy to move into
appropriate, and affordable, managed work space?
There is a risk that young successful businesses will
outgrow their initial premises and not have an
alternative that keeps them in Shoreditch. If they leave
Shoreditch, then the local economy will suffer.
What is the problem?
Why does it matter?

134. # 22.1 Affordable work space
New businesses in Shoreditch with plans to grow
Existing businesses in Shoreditch experiencing
growth.
Across Shoreditch.
Who does it affect?
Where does it happen?

135. Sub theme 23: Local assets, new
income
Key problems associated with using
local assets to generate new
income…

136. # 23.1 Selling the use of green space
How can we promote and the use of green spaces to
companies to launch products in, hold events in,
operate businesses from?
Maintaining or increasing maintenance has associated
increased costs. Parks need income against a backdrop
of a reduction in budget by £1.2 million in the last
year38&39
.
What is the problem?
Why does it matter?

137. # 23.1 Selling the use of green space
Parks department.
Businesses who can utilise outside space.
Parks in and around Shoreditch (56 in Hackney).
Who does it affect?
Where does it happen?

138. Appendix
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139. 17. http://www.homegroup.org.uk/blog/Pages/why-should-i-volunteer.aspx
18. http://shoreditchworks.com/hackney-community-college-apprenticeship-launch
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average-life-span.html
Appendix Continued

140. Appendix Continued
29. Parliamentary Office of Science and Technology (2007) Postnote 276 – Ethnicity and Health
30. www.hackney.gov.uk/Assets/Documents/hackney-Health.pdf
31. http://cloud.tpl.org/pubs/ccpe-econvalueparks-rpt.pdf
32. www.hackney.gov.uk/Assets/Documents/hackney-Population.pdf
33. HR-CS Section G The places of today LAP 7 and 8 – Places Plan 2025 Canary Wharf
34. http://www.bealondoner.com/en/areas/shoreditch
35. http://www.hackney.gov.uk/tech-city-scrutiny-review.htm
36. stakeholders.ofcom.org.uk/.../media.../media-use.../adults-media-use-2012....
37. http://www.ukcrimestats.com/Constituency/65752
38. http://www.hackney-labour.org.uk/hackney-council-budget-201314
39. http://www.lordshipn16.com/2012/03/hackney-councils-budget-for-201213.html
40. http://www.number10.gov.uk/news/50m-to-regenerate-old-st/
41. http://www.bbc.co.uk/news/science-environment-17704116
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43. http://www.uswitch.com/solar-panels/guides/solar-panels-cost/