One reason, perhaps, is that despite its size London has relatively little in the way of business incubators for start-up companies. The main incubators number just three: the London BioScience Innovation Centre (LBIC) at the Royal Veterinary College, the Imperial Incubator at Imperial College, and the new incubator at Queen Mary BioEnterprises (QMB) in east London. There are also smaller, internal, incubating clusters at the National Institute of Medical Research in northwest London and at St George’s Hospital in Tooting, south London.
“There’s not much choice,” says Ramsay Richmond, executive manager at QMB. “Across the Atlantic, San Diego has millions of square feet available,” he says. “Here there are just two providers with between them only some 100,000 square feet of space.”
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Author: Peter Wrobel
