Major office space provider IWG has started adopting the franchisor model, pioneered by fast-food company McDonald’s, in its effort to edge further away from WeWork.
Barclays and Avenue HQ partner up for new city center
Barclays has been announced as the new partner at flexible workspace Avenue HQ, marking the second partnership between the two companies.
Avenue Q’s Leeds location, supported by Eagle Labs, will house over 300 businesses and offer coworking, private office spaces, meeting rooms, a coffee shop and more across five floors.
Barclays Eagle Labs will have a floor in the building where members can benefit from Eagle Labs’ initiatives, including access to funding, mentoring and an event’s agenda.
“We’re really pleased to be partnering with Avenue HQ and this launch will further our investment in Yorkshire’s entrepreneurs,” said Caroline Pullich, Barclays head of SME in Yorkshire. “The city’s businesses are hungry for flexible workspace and we want to help local entrepreneurs to win the ‘champions league’ of growth and job creation.”
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Matthew Kennedy, founder and CEO of Avenue HQ, said that by combining their flexible membership packages with expert support, the partnership can create a hub for businesses from all sectors and sizes within Leeds.
“Access to a national network of Barclays Eagle Labs provides a wealth of opportunities for businesses to expand beyond the city, as well as for us to welcome businesses from other locations,” Kennedy said.
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