Meanwhile Space CIC

Meanwhile Space CIC, founded in 2009, is a pioneering social enterprise that focuses on creating vibrant communities by bringing temporarily redundant spaces into productive use. As the market leader in meanwhile uses, the organization designs innovative solutions to revitalize underused spaces, working closely with local communities to bring them into affordable temporary use. Meanwhile Space specializes in the development and management of temporary spaces, and provides consultancy and capacity building services. In 2021, Meanwhile Space achieved a company turnover of £1.2m and was operating a total of 110,000 ft2, with 160 tenants in 24 spaces across London. Notably, over 85% of the tenants in their projects reside in the local area. The organization has collaborated with 14 London Boroughs, primarily focusing on outer London areas. Meanwhile Space's impact is evident in the diverse range of tenant uses across their spaces, which include product designers, bakery owners, fashion designers, and tech startups. Their ability to transform challenging spaces, such as vacant railway arches and former council buildings, into vibrant hubs for local individuals and enterprises demonstrates their commitment to community development and economic empowerment. While specific information on recent investments or investors is not available, the organization's strong track record and community-focused approach make it an intriguing prospect for potential investors seeking to support socially impactful ventures.