Central Working has officially opened its new workspace hub in Reading, its 11th UK location
Located at the state-of-the-art R+ building next to Reading railway station, the shared space can accommodate 250 tech entrepreneurs
In addition to local tech startups, the hub is expected to attract businesses relocating from Central London
Workspace pioneer, Central Working, today officially opens the doors to its club in Reading, providing the area with a new hub for innovation.
Located at the state-of-the-art R+ building next to Reading railway station, Central Working Reading will give 250 tech entrepreneurs a place from which to scale their business and develop valuable new connections, providing a new hub for enterprise growth in the Thames Valley.
As Central Working’s eleventh location, and fourth outside London, the club will support Reading’s growth as a key UK digital hub. Home to a wealth of multinational companies including Microsoft, Oracle and Cisco systems, Reading’s digital economy has gone from strength to strength in recent years. At least one startup launched in the city every day in 2016, while tech businesses had a collective turnover of £12.5bn in the same year.
Central Working actively supports its members by connecting them to contacts they need to grow, including prospective clients, potential collaborators and last minute suppliers. Previous members include CityMapper and JustEat. The new site will connect Reading’s growing businesses with Central Working’s network of 3,500 companies across the country, providing the town with new links to the UK’s enterprise and tech community.
Catering to high-growth start-ups and SMEs, members will benefit from excellent transport links, including to Heathrow and the new incoming Crossrail line opening in 2019, as well as access to the wider Central Working network across the UK.
Alongside Central Working’s newly-opened club in Slough, the Reading location means the shared workspace provider will be providing a supportive environment and crucial business links for more than 500 Thames Valley startups.
Grant Powell, CEO of Central Working, said:
“We identified the Thames Valley as one of the UK’s most exciting new tech clusters, and our new clubs in Reading and Slough will provide a supportive platform for the next generation of digital businesses throughout the region.
“Reading’s transport links to London and overseas investment markets via Heathrow make the area a prime location for any high-growth tech business, and we expect to cater for a mixture of local companies, as well as businesses relocating from the capital.”