Breakthrough Issue 2 SPA02 | Page 59

D James Layfield CEO, Central Working Central Working founder and London Tech Ambassador James Layfield was Virgin’s youngest ever Managing Director, before going on to found five successful businesses of his own Dr Eulian Roberts CEO, Imperial College London ThinkSpace Dr Eulian Roberts has international experience of science park development and operation, technology policy and development, business incubation, and research commercialisation r Eulian Roberts, Chief Executive of Imperial College London ThinkSpace, and James Layfield, Founder of Central Working, explain the steps to creating successful university-linked work spaces, and why they are key to supporting the UK’s growing technology and science businesses. The government’s Industrial Strategy Green Paper recognises the critical role that our technology professions, research disciplines and institutions play in the UK’s economic success. It calls for additional investment in science, research and innovation, and greater support to help businesses start and grow. Universities have a vital role to play in this. They are already the breeding ground that feeds through the ideas and talent that lead to tomorrow’s successful companies, but there is more we can do to make this transition as seamless as possible, and help the UK retain its position as a global leader in science and technology. Importantly, we need spaces where university researchers and businesses can work directly alongside one another. These environments encourage easy interaction between the business and academic communities, helping to share ideas and skills, turn new discoveries into the businesses of the future, and ultimately drive growth. That’s why Imperial College London ThinkSpace and Central Working have joined forces to create Central Working White City – a new university- linked co-workspace at Imperial’s White City Campus in west London. It’s a model which can and should be replicated across the UK. The steps to success For other institutions looking to imitate this approach, there are a few important considerations to bear in mind. Firstly, flexibility We must encourage interaction between business and academia R e a d o n l i n e at: u k s pa . o r g . u k / b r e a k t h r o u g h S u m m e r 2 0 17 | U K S PA b r e ak t h r o u g h | 5 9