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Business supportSmall businesses in the North West offered free office space to battle...

Small businesses in the North West offered free office space to battle soaring winter costs 

Would you be interested in attending Meta’s Good Ideas Studios on 24-25 November at 1830 Warehouse, Manchester, M3 4FP? In attendance and available for interview will be:

  • Grace Beverley, 25, one of the UK’s leading young entrepreneurs and CEO of Tala and Shreddy, who can discuss why she is working with Meta in Manchester and the importance SMEs play in the UK economy
  • The founders of The Little Sri Lankan, local Manchester based small business who can talk to the challenges their business is currently facing

In line with the Good Ideas Studios launch, small businesses in the North West are being offered free winter office space in a bid to reduce costs and maximise their chances of survival. Meta’s “Space for Good Ideas,” initiative will see local small businesses of fewer than 50 employees are able to apply for space at fb.me/goodideasstudios by 25 November, and through doing so, removing one of their biggest costs at a time when energy bills continue to rise.

The news comes as new YouGov data commissioned by Meta reveals over a quarter (26%) of small business decision makers in the North West fear their business may close, while over half (55%) say a major business priority in the next six months is survival.

Almost a third (29%) of those polled worry their business won’t be able to keep up with their outgoings during the year ahead while over a quarter (26%) admit to using less energy to save on bills. Two in five (42%) say reducing costs would be crucial to their firm’s future success.

Steve Hatch, VP Northern Europe, Meta, said, “Small businesses are the lifeblood of the UK economy and right now they face the challenge of a lifetime just to keep the lights on. We know there’s no one fix to the challenges faced, however we believe through helping both online and offline we can provide support to local businesses in need. This is why we’re offering small businesses in Edinburgh the opportunity to apply for free office space in a bid to ease costs.”

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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