About us
Impact Hub London
Impact Hub London is a home for positive change. Our purpose is to accelerate entrepreneurial action that benefits people and planet. Our core values are open, courageous, collaborative, caring and resourceful.
Through our workspaces, business support programmes, membership community and events, we bring together impact-driven individuals and organisations to build a more fair and sustainable future. We are part of the world’s leading network for building communities and ecosystems for change through social and environmental entrepreneurship, with 120 Impact Hubs across 67 countries hosting 25,000+ members.
Impact Hub London (IHL) currently operates two fully hosted flexible workspaces in King’s Cross and Euston, offering co-working, team desks, micro-offices, meeting rooms and two unique event spaces for hire. We have supported hundreds of social enterprises to incubate and scale from our King’s Cross premises since 2008, and in April 2024 we opened a new state-of-the art innovation hub within British Land’s flagship life sciences district in Euston, which has quadrupled our capacity.
We now sit at the epicentre of a fast emerging life sciences and health technology campus with neighbours including AstraZeneca, GSK, Wellcome Trust, UCL and The Crick Institute. With mutual ambitions to achieve better health outcomes for people and planet, this is where Impact Hub can play a crucial & intrinsic role, working with our neighbours and the wider life sciences sector to accelerate inclusive innovation with social impact. Both our Euston and Kings Cross premises are in the heart of London’s leading innovation district, The Knowledge Quarter (KQ), and we are committed to co-creating entrepreneurial action and systemic change for a more just and sustainable world, in partnership with KQ and its members, and with the local community.
For more information see: http://london.impacthub.net | http://impacthub.net
Our Company Structure
Our purpose is to accelerate entrepreneurial action that benefits people and planet. We do this through our two sister companies:
1. Impact Hub London Limited, trading as Impact Hub London (“IHL”), has been operating for over 15 years, supporting and promoting social entrepreneurship through a collaborative community of like-minded members (mostly social entrepreneurs) in a shared workspace.
As IHL is a social enterprise and registered B-Corp, this means that the board are expected to take into consideration all stakeholders in the way they lead the business, and pursue the company’s purpose in a way that also protects and enhances the financial sustainability of the business.
IHL is a for-profit company, limited by shares, but it also has its social purpose, dividend cap and an asset lock embedded in its Articles of Association.
The new Impact Hub at Euston is run by a wholly owned subsidiary, Impact Hub London Euston Limited. Two IHL NEDs also serve as NEDs for the subsidiary, but it has no other separate corporate governance.
2. Impact Hub KC Programmes CIC is a not-for-profit Community Interest Company (CIC) which provides business support programmes for social entrepreneurs and entrepreneurs from backgrounds that face barriers to entrepreneurship. The CIC does not employ any staff directly, but subcontracts the delivery of its programmes to IHL and to other experts who provide training, mentoring and consultancy support for entrepreneurs.
The board of each of our companies meet at least quarterly. The CEO of IHL sits on the board of Impact Hub KC Programmes CIC and the Chair of Impact Hub KC Programmes CIC is a non-voting member of the board of IHL. Other than that the governance of the CIC is kept deliberately separate to ensure that its obligations to funders are not compromised.
Impact and Finances
Read our Impact Reports:
You can also read our last published accounts from 30/09/2023.
Valuing Diversity and Dignity at Work
IHL believes in respecting a person’s dignity and acting justly to all. We have adopted ‘inclusion’ as one of our key strategic focuses. We aim to build an equitable workplace. We are committed to valuing diversity and creating an inclusive working environment where all our people feel a sense of belonging and the ability to be heard. IHL believes that people from diverse backgrounds can bring fresh ideas, thinking and approaches and seek to value lived experience as highly as formal qualifications or work experience.
IHL acknowledges that we do not live in an equitable society and injustices are entrenched in the systems that we live and work in. We recognise systemic issues can impact on our individual and collective biases and seek to put in place systems and practices that reduce the effect of these biases. IHL also acknowledges that we need to keep asking ourselves how we can build a more equitable organisation, updating our policies, practices and habits as we continue to learn more. We seek to go beyond the protected characteristics listed in the Equalities Act 2010 and also to take into account the effects of intersectionality and systemic bias.
