Sustainable Bridges is delighted to announce successfully securing social investment from the Mayor of London as part of the High Street Fund.
Sustainable Bridges C.I.C has officially been awarded funding from the Mayor of London for the development of a Makerspace. The award, amounting to £18,000, will be used to enhance the low carbon innovation hub’s service offering to aspiring entrepreneurs and start-ups.
Addressing the lack of affordable facilities in central London for hardware development projects and prototyping has been an explicit part of Sustainable Bridges’ objectives from the start. With the additional investment, the co-working space’s distinctive premises (four converted railway arches at London Bridge) can be enhanced with a selection of tools to enable a diverse range of prototyping activities to take place.
“Funding support from The Mayor of London for Sustainable Bridges’ community of fast growing sustainable focussed start-ups is invaluable to its continued success. We increasingly look forward to supporting the Mayor’s aim to make London a global Cleantech hub and an exemplar sustainable global city." James Byrne
Essentially, Sustainable Bridges aims to extend the lessons of parent organisation Sustainable Ventures’ experience to support other, like-minded pioneers. Sustainable Bridges champions sustainability entrepreneurs, who it believes are crucial to unlocking the innovations radical enough to address the unprecedented challenges of climate change. Defined by the ventures it houses, Sustainable Bridges remains true to the Sustainable Ventures’ philosophy; entrepreneurs getting their hands dirty and making positive change happen.
Sustainable Bridges’ is one of 20 local projects to receive a pledge of support from The Mayor of London, in total amounting to £285,000, as part of the £9 million High Street Fund. Launched in March the High Street Fund is designed to re-energise the capital by embracing the city’s incredible talent for creativity and innovation. Specifically awarded via Spacehive, this is the first time the Mayor of a major European city has used a civic crowdfunding website to directly pledge money to community projects.
The Mayor of London, Boris Johnson, said: “The eclectic range of projects I have seen over the course of the High Street Fund is a remarkable testament to the creativity and enterprise of Londoners, and I’m delighted to announce pledges towards 20 of those today.