Innovation Warehouse

Innovation Warehouse
Industry Venture capital
Founded 2010
Headquarters London
Key people
 Ami Shipro, Tony Fish, Jeff Dean
Products Investments
Number of employees
 10
Website www.innovationwarehouse.org

Innovation Warehouse is a coworking space with a business incubator programme led by an Angel Investor syndicate.[1]

Innovation Warehouse was founded in 2010, by a group of entrepreneurs, investors and the City of London Corporation[2] to support early stage, high growth, technology start-ups.[3] More than 50 start-ups are based at Innovation Warehouse.[4]

The Innovation Warehouse community includes Business Angels, Venture Capitalists and other investors, London Universities and Business Schools, R&D bodies and Technology Transfer Departments.[5] Mentors advise and manage a micro-lending fund for startup companies.[6]

Innovation Warehouse London, is based at Smithfield Market, between St Paul’s, Chancery Lane, Moorgate, Farringdon and Barbican underground stations,[7] on the western extremity of the East London Tech City / Silicon Roundabout technology cluster.[8][9] The Smithfield 10,000 sq ft (930 m2) office area comprises desks, 3,000 sq ft (280 m2) allocated to the IW Member club and lounge area, hot-desks, meeting rooms, cafe, seminar space, Wi-Fi, virtual office solutions, members-only professional services centre, access to mentorship and varied events.[10]

Team

Innovation Warehouse board includes Ami Shpiro, Jeff Dean, Tony Fish and Jeff McGeachie.[11]

Partnerships

Media attention

Innovation Warehouse is backed by City of London Corporation and a group of angel investors. In addition to the services and network aforementioned, members will have access to business angels who could potentially provide micro-financing for their companies.[13]

"The City Corporation is working with partners to develop the City of London Innovation Warehouse, a ground-breaking business incubation centre to be located in the Square Mile. The Innovation Warehouse will integrate both financial and management resources to nurture entrepreneurs from pre start-up to maturity and exit. It is hoped that this initiative will support significant new business growth in the capital and potentially be a model for the rest of the UK and abroad." [14]

"The Innovation Warehouse is a new collaborative project between the City Corporation and entrepreneur mentors and investors. The first Innovation Warehouse, based in the City, will be an incubation hub for London’s entrepreneurial community, helping SMEs get off the ground, survive and thrive, thus supporting significant new business growth in the capital.

This will be an excellent opportunity to meet leaders of London’s entrepreneurial, investment and academic communities and learn more about high growth investment opportunities in London's entrepreneurial sector." [15]

Notable companies

Innovation Warehouse has incubated and supported over fifty startup companies. Some of the notable companies include Comufy, iNeed, Cogniance, Rummble Labs, Festicket, Converge, SocialBro and Digital Shadows.

References

  1. ↑ LinkedIn Company Profile
  2. ↑ http://www.theiw.org/
  3. ↑ LinkedIn Company Profile
  4. ↑ http://www.innovationwarehouse.org/about/
  5. ↑ LinkedIn Company Profile
  6. ↑ LinkedIn Company Profile
  7. ↑ http://www.innovationwarehouse.org/location/
  8. ↑ http://www.innovationwarehouse.org/coworking-at-iw/
  9. ↑ http://www.facebook.com/innovationwarehouse#!/innovationwarehouse/info/
  10. ↑ http://www.theiw.org/membership/offerings/
  11. ↑ http://www.innovationwarehouse.org/about/faculty/
  12. ↑ http://www.innovationwarehouse.org/about/partners-and-collaborators/
  13. ↑ FT Tech Hub: "New incubators hatch in London" (July 14, 2010)
  14. ↑ Article in City of London Corporation, July 2010 Newsletter
  15. ↑ Article in Heart of the City, June 2010 Newsletter

External links