The future of business incubation

Caroline Hyde is Director of Workplace and Enterprise Support at Allia, a charity operating and highly successful Future Business Centre in Cambridge, which supports business ventures with social and environmental impact at the heart of their work.

Only a little over a year old, Allia’s Future Business Centre in Cambridge is already at capacity with over 65 social ventures and clean tech start-ups aspiring to make a positive impact on society with new business models and technology. At the heart of what we do and what we believe, is that social enterprise holds the key to many of society’s biggest challenges. It’s a dynamic, entrepreneurial and fast growing sector and one we have designed ourselves and our building in Cambridge to encourage and support.

Our Future Business Centre is light, bright and spacious. Flexible spaces offer everything from workshops and office units for up to 20 to a co-working facility. We have a range of pricing structures that can change and adapt as needs change, including a virtual office service. There are well-equipped conference and meeting rooms for tenants to use, a café where fresh home-made Italian food and sandwiches are served by Rosa and Vanessa and a friendly Future Business Centre team led by Christine who makes sure that our tenants are happy and the Centre runs smoothly.

On the third floor is The Hatchery, a dynamically designed incubation space for pre-starts and early stage ventures. The Hatchery is home to four acceleration programmes including Allia’s Social Incubator East and Green Inc. programmes in addition to acting as a host for Cambridge-based UK Climate KIC accelerator companies.

Tomorrow… About the programmes.