A New tech business hub launched in the capital’s fastest-growing tech cluster.
It is home to Lunar House, one of the most depressing places on earth, being a place where people go to extend their UK visas. Some would say that the whole of Croydon is just as depressing.
However, for the past two decades, more people commute into, rather than out of Croydon, and while it was once famous for being Nestle’s head office, it is now transmuting into the capital’s latest tech hub.
TOMORROW (TMRW) is its name and the new hub will provide state-of-the-art facilities and an emerging ecosystem for the capital’s startups looking to scale up and grow fast. It offers 21,000 sq ft of space and provides access to a network of CEOs, entrepreneurs, industry giants, artists and thought-leaders through one off events and shared social projects.
It has more than £2 million in financial backing from Croydon Council and the Greater London Authority, including a rent and rates relief period. This is part of the government’s £7 billion investment into the regeneration of Croydon, with other programmes including a new BoxPark, a Westfield shopping centre and the creation of a new Cultural Quarter in the town centre.
The purpose-built tech hub is based in Davis House, an office building located on the High Street and at the epicentre of Croydon’s so-called digital cluster. The hub, designed for optimal functionality has the following facilities;
* 320 OpenDesk LEAN desks at incredibly low rental rates of £300 per desk
* Meeting spaces (including two boardrooms)
* Spacious tech-enabled event space for 200+ people
* 1GB Internet fibre connectivity
TMRW will also house Digital Art Central, the UK’s first digital art and media specialist hub, providing the leading digital artists and art entrepreneurs with the same high-level facilities and business-building tools usually reserved for tech entrepreneurs.
The downside of London’s tech boom has been the flash rise of rent prices in central London with many great startups being priced out of central London. With TMRW, we’re establishing one of the UK’s best alternative clusters for tech entrepreneurs and startups,” said Francois Mazoudier, Chairman TMRW.