New business workspace facility opens in Leith tonight

Based in the former Corn Exchange building, a local landmark located close to some of Edinburgh’s leading creative agencies, the hub has been renovated to Grade A standard with an award-winning design.

All members can access a wide range of facilities and support including super-fast broadband, space for meetings, networking and exhibitions. Plus there are business support services ranging from start-up advice through to mentoring and help securing investment.

Councillor Frank Ross, Economy Convener for the City of Edinburgh Council, said: “What Creative Exchange offers is flexible and affordable workspace combined with the support that both new starts and existing businesses need. This is another major milestone in our strategy for jobs and I’m delighted that the Council has been able to work with others to make this happen – not just those who have funded it directly but many other private and public organisations that have given their very welcome backing.”

Iain Munro, Director of Creative Development at Creative Scotland, said: “Edinburgh needs affordable flexible creative spaces, with super-fast broadband, to support emerging and established creative entrepreneurs. This development is a welcome new opportunity to create a vibrant hub for networking, collaboration and showcasing of the Creative Industries in the capital city.”

Mandy Exley, Principal of Edinburgh College, said: “Edinburgh College is committed to excellence and innovation and the Creative Exchange provides an exciting opportunity for new and emerging talent to develop their businesses in a supported environment. We are delighted to have the opportunity to work with the City of Edinburgh and partners to support new business start-ups which contribute to the economic development of the region.”

Francois Roshdy, user experience Director, Border Crossing Media, said: “Facilities like this are absolutely vital to start ups and small businesses, allowing us to concentrate on developing new services and products without the worry or hassle of trying to find somewhere affordable to work. It’s also an ideal set-up for collaboration, and that’s so important to what we do.”

Costs range from just £80 a month for a weekend member, through to £320 a month for a ‘super member’ with full access. Users can also opt for a day rate. Rent, rates, heating and lighting are all included.

Funding for the project has come from the City of Edinburgh Council, Creative Scotland and Edinburgh College.

Edinburgh College has also agreed to fund around six students every year to take entrepreneurial residency at Creative Exchange Leith, receiving guidance and mentoring to start a new business.

The Creative Exchange’s first tenants moved in on 10 June 2013 and five businesses are now operating from there including Iglu Studio, Border Crossing Media, Voluntary Arts Scotland, SME Professional and Designers on the Run.

Potential tenants and others interested in Creative Exchange Leith can get more information and follow its progress via:

·         Website http://www.creativeexchangeleith.com/

·         Twitter @CExchange

·         Facebook Creative Exchange Leith

·         Google+

·         Linked In