Established in March 2013, Level39 is an innovation space in Canary Wharf that supports businesses in the finance, cybersecurity, retail and smart-city technology sectors. It provides early-stage businesses and scaleups with a high-quality infrastructure, structured access to investors, mentors and business experts as well as links to major customers.
Owned by Canary Wharf Group, Level39 supports 180 member companies at all stages of their development. It now occupies 80,000 square feet over three floors, including two high-growth spaces. Members benefit from hot-desks, fixed-desks and private office space in close proximity to decision makers of important financial institutions.
Level39 has hosted a number of corporate accelerator programmes such as Accenture’s Fintech Accelerator and the Cognicity Hub, a smart cities initiative, which bring together banking and finance with technology startups, speeding access to market. Official relationships with China, South Korea, Norway and unstructured relationships with other major governments open up international introductions and export opportunities for members.
Its Office Hours programme works with a mentor/advisor network of 150+ industry experts and entrepreneurs to deliver training and workshops on subjects such as leadership skills and building operational capacity.
More than 150 specialised, high-value jobs have been created by companies based at the community space and posted on Level39’s job board. Two companies – Digital Shadows and Revolut have increased employee numbers from five to more than 50 in 3.5 years; a further six have boosted staff numbers from five to more than 15.
If you know any national or local scaleup programmes that you want to recommend as a potential case study for the Institute to consider please do get in touch: email@example.com