A state-of-the-art £14m hub is offering free coworking space to Northamptonshire businesses on the last Friday of every month. Vulcan Works, which opened its doors in the Cultural Quarter area of the town centre in February, provides support to businesses in Northampton. It also offers lettable office space, workshops, meeting rooms and coworking spaces and holds a range of business support events.
The centre is currently running an offer that sees the coworking space operate completely free of charge on the last Friday of every month – an offer that is open to everyone. With unlimited tea and coffee and complimentary wifi, entrepreneurs can fuel those creative juices while they work too!
Vulcan Works is also offering a Coworking Membership, which the team anticipates will be incredibly popular after the summer holidays as working parents look for a change of scene and a chance to be more focused and productive following a summer of juggling children at home and work. Coworking Membership costs just £30 a month, with two days of coworking a month included (£12 a day thereafter). Members also receive access to business support and discounted meeting room hire.
Coworking options are a viable alternative to renting a physical office, with costs from as little as £12 a day or £250 a month for a dedicated desk with 24/7 access.
Centre manager Garrick Hurter said: “If clients use our free Friday offer in conjunction with their coworking membership, which allows two visits a month for £30 and any additional visits at £12 a time, you could visit four times in a month, which equates to once a week, and the cost would be just £42 per month.”
The Vulcan Works centre was created through transforming a Grade II listed former ironworks factory on the corner of Angel Street and Fetter Street as part of a £14m project funded by West Northamptonshire Council (WNC) and South East Midlands Local Enterprise Partnership (SEMLEP), who facilitated a Local Growth Fund contribution of £6.3m, together with £3.06m from the European Regional Development Fund.
It is estimated that Vulcan Works will support around 150 start- up businesses in its first 10 years, creating around 500 jobs in the area. The centre has also pledged to work with local contractors and agencies, ploughing more money back into the local economy.