Address:
119 Wallis Rd London E9 5LN
Creating a vibrant circular economy in Hackney Wick and Fish Island
The Loop will help circular economy businesses scale their operations in the area by connecting them with like-minded peers and helping them trial new processes and undertake R&D activities locally.
The physical site will also ensure that circular products and services are accessible to the local community (e.g. finding new uses for locally-generated waste, or connecting tenants with relevant research initiatives).
The Loop is complementary to the Future Industries Demonstrator accelerator programme, funded by the UK Shared Prosperity Fund, with the objective to scale cleantech SME products and services in east London.
The Site
The Loop is based at a temporary site at 119 Wallis Road in its first iteration and is available for a minimum of 12 months and up to 2 years. At the end of this period, the site will move to its permanent site in or around the Queen Elizabeth Olympic Park.
This unique hub will host a cluster of businesses working on the circular economy. In practice, The Loop will be a physical micro demonstrator hub for the circular economy and will offer the following facilities:
Desk space: A flexible number of deals in an open-plan workspace, with access to knowledge and resources from UCL’s academic network
Studio space: Self-contained unit/s providing private working space (approx 50 sqf - 100 sqf)
Operational space: Space for light-industrial use, for circular businesses
Public-facing leisure space: Food and drink venues that will encourage the local community and offer an opportunity to showcase products, services and processes from circular businesses hosted at the site and from across east London.