The Duke of York opens UK’s first travel tech incubator
Lab intends to mark London as global travel technology powerhouse for start-ups with programme of mentoring, workshops and talks
The UK’s first ever incubator for travel technology start-ups has been unveiled by The Duke of York at an official ceremony yesterday.
The Traveltech Lab will support the growth of the UK’s travel tech industry by offering high-specification workspace for 30 people within the Thames side offices of the Mayor of London’s promotional company London & Partners.
The opening is said to mark the first step in London & Partners’ ambition for the capital to become the number one city in the world for travel technology start-ups.
The incubator was created in partnership with co-work space The Trampery, with Gatwick Airport announced as the first corporate partner at the ceremony. More than 100 companies from around the world applied for space in the facility, which hopes to develop and support the next lastminute.com, Citymapper or AirBnB.
The selected start-ups will be given the opportunity to connect with a network of senior industry executives, partners, investors and mentors to guide them in the growth and development of their businesses – and ultimately attract interest from potential investors and partners.
Gordon Innes, CEO of London & Partners, commented: “As well as being one of the world’s foremost tourism destinations, London is also a leading global hotspot for tech innovation.
“This exciting new incubator, which now has the support of Gatwick Airport, will bring tech and tourism together, enabling brilliant start-ups that will transform the way we live, work, and travel.
“It is the ideal springboard, enabling new travel tech firms to grow quickly with the help of London & Partners’ business expertise and broad network of industry specialists.”
Charles Armstrong, founder of The Trampery, said: “London has long been one of the world’s leading hubs for innovation in travel, tourism and hospitality. The city’s extraordinary track record stretches from Air Miles in the 1980s, right up to app developers like Citymapper today.
“Until now the sector has lacked a focal point where the brightest innovators and industry leaders can come together. Traveltech Lab provides that focal point.”