Barclays has been appointed by Southampton City Council to handle Network Eagle Lab, Southampton’s new special co-operating space at the Marlands Buying Centre.

With cutting edge facilities, such as a photographic studio and maker space, Network Eagle Lab will help inventive, digital and expertise-primarily based start out-ups and scale-ups by delivering the city’s initial collaborative, co-operating atmosphere.

The re-purposed 12,500 sq ft retail storage space on the second floor of the Marlands Buying Centre has currently attracted a massive level of interest from possible residents. The place will deliver them with a city-centre atmosphere, versatile memberships, and amenities such as a bike retailer and shower facilities.

The space will be run by the Barclays Eagle Labs group, a group with a track record of assisting entrepreneurs and organizations develop and scale in their nearby communities and beyond. Network Eagle Lab marks the initial collaboration in between Barclays Eagle Labs and a nearby authority, and becomes the 23rd place in the nationwide program – continuing the expansion of 1 of the UK’s biggest co-operating, collaboration and innovation networks.

Beyond supplying a house, Eagle Labs provide ‘residents’ the chance to connect with like-minded entrepreneurs, nearby organisations, universities, business bodies and possible clientele and investors. These sources will deliver extra possibilities for Southampton start out-ups and scale-ups to develop, in turn strengthening the city’s established position in the digital sector.

The appointment of the Barclays Eagle Labs group to run Network Eagle Lab follows the creation in 2018 of a new business enterprise unit at Barclays referred to as Barclays UK (BUK) Ventures. BUK Ventures has an independent mandate to provide new buyer experiences at pace and scale – eventually driving development for communities, organizations and Barclays – and is accountable for developing the Eagle Lab network.

Caroline Burley, Head of SME for the South Coast, Sussex and Surrey at Barclays, stated: “We’re proud to have entered into our initial partnership with a nearby authority in Southampton, a city identified for its digital innovation. We’ll bring our Eagle Labs philosophy to the Network Eagle Lab, assisting to deliver start out-ups and scale-ups a house and fostering the connections to assistance them develop.

“In addition, the space aligns with our belief that city-centre places can and should really be utilized creatively to turn into new hubs for the communities they serve. We’re excited to be portion of the development story right here, and to companion with Southampton City Council to deliver continued help to what is an currently-thriving sector in the city.”

Leader of Southampton City Council, Councillor Christopher Hammond commented: “There’s a network of Eagle Labs all through the UK supplying bespoke, collaborative environments for entrepreneurs in the digital and expertise-primarily based industries. As the managers of Network Eagle Lab, the Barclays group will bring their knowledge of operating with start out-ups and scale-ups to deliver specialist assistance and very important connections to these utilizing this outstanding venue.

“Co-operating environments are nicely established in cities such as London and Manchester and it was crucial that we offered a match-for-goal versatile space in order for this development business sector to continue to thrive in Southampton. Network Eagle Lab will provide precisely that.”

Doors will open this summer time and organizations interested in joining Network Eagle Lab can come across out extra by going to https://labs.uk.barclays/