WeAreWaterloo business improvement district extended to include LSBU
29 March 2016
businesses in the Southwark and Lambeth councils have voted to expand the
WeAreWaterloo business improvement district (BID) to include London South Bank
University (LSBU) and its surrounds. The expansion of the BID will greatly
enhance links between the University and the local business community.
is an organisation led by 400 businesses to regenerate the area south of
Waterloo Station and boost its economy. Over the next five years, the district
will undergo a variety of changes, including new restaurants and hotels, new
housing and a renovated station.
official member of the WeAreWaterloo BID, LSBU will be able to further support
local businesses and help transform the lives of South Londoners. The
University’s Research, Enterprise and Innovation Department already supports
students and graduates to start their own businesses and intern at local SMEs.
The Department also runs free business support initiatives for local
businesses, such as the Momentum accelerator programme and the Business Solutions
Centre, a drop-in business advice service staffed by students.
is also home to 65 local businesses as well as student and graduate led
start-ups. The award-winning Clarence Centre for Enterprise and Innovation is
the University’s hub of entrepreneurial activity and has already been
recognised for its role in regenerating the local economy. The Centre also
houses the Legal Advice Clinic, which provides free legal advice to local
is excited about developing the potential of its new partnership with LSBU.
There is significant scope to create links between local businesses and the University,
through alumni networks, business support programmes and careers advice. Through
our new business incubator on Westminster Bridge Road, we will aim to develop
links with the University’s work in the architecture and built environment
sector, promoting Waterloo as a hub for sharing knowledge and best practice and
improving accessibility to the sector,” said Helen Santer, Chief Executive of
LSBU supported 594 London-based small and medium-sized businesses. As members
of the WeAreWaterloo BID, we will be able to build upon our great work in
boosting the local economy and helping to regenerate the Southwark area,” said Professor Paul
Ivey, Pro Vice Chancellor for Research and External Engagement at LSBU.