We're about to open our space, and though we're heavily funded capital wise (via a grant), we're not getting any public help with operational spend, so we're going to be really top heavy- lots of cool kit and shiny furniture, but we need to make things add up ourselves day to day.
*Here's where we are so far*
-We started by getting a large local law firm to give us free advice in return for being a sponsor. They have not only negotiated the lease for us, but also the operating agreement, and even setting up the not for profit company for us. They have connected us to so many useful people, and have also written about us in their lifestyle magazine which has brought us a lot of new enquires.
-We then approached the local telcoms company, and they are now doing our 100mb fibre and all the kit (£30k) worth to manage it- all at cost, in return for them being another sponsor
-We also approached both universities, and one of them has gone for a deal where they effectively pay upfront for 2 memberships which students can use, any students on relevant courses (we're a tech and creative focused hub)- but only 2 students max at any one time. I see this as a great way of getting fresh new talent into the place and hopefully helping to stop it being too cliquey
-We've built a list of local high net worth individuals, and high profile companies. Some seem interested but most we've not had time to contact/ follow up, some have offered kit for free, some want to talk about access to members in return for sponsorship (something I'm wary of, our community isn't for sale in that way)
-We've agreed terms with a UK zipcar type company for a corporate membership where anyone can use their cars in the city (our rfid tech works with theirs, so members can use their hub card, how cool is that?!)
-We've also been in touch with a large regional funding body, who have told us that we should bid into a £25m pot of money- we would intend to bid to effectively give free memberships to minorities and special interest groups (over 50s, return to work mums, people facing redundancy, young people with great ideas and no money etc etc)
-We're also doing stuff like offering founder memberships to people who pay for a year upfront when we open- and giving these guys a black RFID card, and promising never to do that again, so they are the founders, and always will be until they leave, we'll never issue any more black cards
*Stuff we are considering*
-People have offered to sponsor individual bits of kit (water cooler etc)
-We're looking at doing engraved bricks or paving, where for £500 companies can show their logo
-We want more companies with useful services to come and give those services (or kit)- eg we want to approach a local bike shop for a free hub bike