Business incubation is a unique and highly flexible combination of business development processes, infrastructure and people, designed to nurture and grow new and small businesses, products, innovations and entrepreneurs by supporting them through the early stages of development and/or change. The goal of incubators is to increase the chance that a start-up will succeed, helping to shorten the time and reduce the cost of establishing and growing its business. A good service will offer an instructive and supportive environment for entrepreneurs during the critical stages of starting up a new business. Business incubators can help to nurture the companies that will form the true creators of a region’s or nation’s future wealth and employment.
The results of this method are undeniable. On average, 98.7 per cent of businesses working with an incubator succeed with 87 per cent still operating after five years. In contrast, less than half of all businesses nationally will achieve long-term success..
For further information on Business Incubation go to www.ukbi.co.uk
Spike Design offers an environment and service especially tailored to the needs of design businesses.
Facilities and services
The starting point is the environment; a perfect space to grow your new business. Spike Design features a dynamic open plan studio space where your business will work alongside other creative companies, and with all your communication, utility and networking needs taken care of, you'll have more time to pitch, plan and grow your business. But success involves more than just a great location, and so we offer one-to-one business support and mentoring.
Spike Design is situated within Spike Island, one of the most epic art spaces in the UK. A hive of creative activity, Spike Island is 80,000 square feet of space dedicated to contemporary visual art and design. Spike Island is situated on the Cumberland Road on Bristol’s historic harbourside, next to the SS Britain and Aardman Animations, and just a stones throw from Millennium Square, Watershed and Arnolfini.
The project is funded by investment from the South West Regional Development Agency.
Facilities include:
- A beautiful and inspiring building
- 24/7 access to your office
- All business rates, water, heating, lighting and electricity
- Unlimited broadband internet access
- Receptionist to welcome your visitors
- Lockable, stylish and contemporary office furniture
- Telephones with voicemail
- Networked printers
- Fax machine, scanner and photocopier
- Variety of meeting rooms
- Equipment hire for presentations
- Great Canteen and bar
- Toilets and showers