Solutions

Create affordable workspaces

Create affordable workspaces

Affordable workspaces are essential to the survival of independent businesses.

The East End Trades Guild Affordable Workspace Manifesto was developed through a democratic process led by its members, and with assistance from the New Economics Foundation. While written for London, where dramatic rent rises are squeezing out independent businesses, many of the measure are relevant to other cities struggling to maintain the diversity of their economic ecosystems.

They include:

A working rent for small businesses
We need a flexible formula of rental affordability for small and micro businesses.

Small business community land trust 
A small business-led community land trust can provide genuinely affordable workspaces for small and micro businesses in perpetuity. CLTs are a viable long-­term solution to the workspace crisis.

Landlords’ register
Create access to comparable rental evidence to support small businesses in keeping rents reasonable, and enable stronger more accountable relationships with commercial landlords.

Policy in practice

Projects that demonstrate the benefits or may be helped by polices like this.

  • The Exchange
    This community arts centre has plans for workspaces, exhibition space and housing in neglected local buildings.
  • North Ayrshire Community Wealth Building
    Scotland’s first community wealth building strategy aims to spread prosperity in an area with historically high poverty rates.
  • Kitty’s Launderette
    Not-for-profit launderette offers a cheap place to wash and dry clothes and a warm, welcoming space for the community.
  • Grasshoppers In The Park
    Parents and staff work together to provide high-quality, affordable childcare at this co-operative nursery.
  • Space4
    Space4 is a co-working space for social enterprises and worker co-operatives in the digital tech sector.
  • Grays Riverside
    Thurrock network is strengthening community ties and building local wealth.
  • The Clipper
    Local residents bought an empty pub and turned it into the city’s first community-owned market.
  • Islington Community Wealth Building
    Islington, with some of the richest and poorest residents in the country, aims to build a more democratic economy.
  • Marine Dream Hub
    Coastal hub brings together marginalised communities to make the most of their marine environment and boost their local economy.
  • Friendly Families nursery
    This brand new nursery provides affordable, child-centered care co-produced by parents and staff.