2 coworking results

Several essential reasons caused the emergence of coworking in Newcastle. The city is an educational, commercial and industrial centre of the country. It is also the fastest-growing tech hub in the NorthEast of England. Both of the local universities are popular among national and foreign students. They create a broad and skillful workforce pool. The majority of students don't leave the region after graduation. On the contrary, they wish to build their careers there, and often become the newcomers in the local business. Coworking spaces in Newcastle embrace freelancers, startuppers, digital nomads and personal entrepreneurs. They create the possibility to join the professional community, release inhibitions and share the creative ideas with like-minded people. The fact is you can use the facilities coworking offices in Newcastle offer whenever it is convenient for you.

The tenants are free in their choice concerning what kind of workstation they need to use in a coworking office in Newcastle. Hot and permanent desks, as well as studios and isolated rooms, are available for lease in such kind of venues in the city. Usually, the landlords offer daily or monthly memberships for the possible shared office space occupiers in Newcastle. But, some of them tailor the packages to meet a range of specific business needs. It means that you can also rent a desk on an hourly basis and pay exclusively for the facilities you use. All in all, Newcastle is not so expensive city as the other metropolises in the UK. It may cost you from GBP5 to GBP20 per day to get a desk at a coworking space there. The monthly fees range in between GBP100-500. At the same time, the region offers high-quality life standards and multiple opportunities for personal and professional growth.

The last five years became crucial for the city. During this time, Newcastle has seen significant growth in the tech sector. The number of digital startups increased by 154%. The main reason for that was the possibility to benefit from funding programmes that are already in use among business proprietors. According to the data, JEREMIE2 proposes around GBP120 million to support businesses in the region. It may result in the creation of more than 2500 new jobs in the nearest period of time. Recently, the city became home to Newcastle Tech Trust - an organization that unites experienced founding members that understands and supports the needs of businesses on early stages. The main sectors that attract venture capital in the city are software, energy and healthcare industries.