8/28/2018

Impact Hub: Business Model, Locations and Events

Impact Hub is a community of social entrepreneurs who are driven by the passion to make the world a better place rather than pursue financial gain. Established in 2005 as a coworking space in London, it has grown to become a network of over 100 entrepreneurial communities in more than 50 countries across the globe. The sustainability movement is at heart the of these hubs. That’s why more and more mindful innovators, from local solopreneurs to such prominent players as Engagement Migros, Swisscom, Credit Suisse, SIX and AXA are joining the Impact Hub community.

Impact Hub business model

Each of Impact Hub’s venues can be described as a fusion of a coworking space, an incubator, an innovation center and an event venue. Impact Hub’s business model is a successful example of an inverted franchise with a bottom-up economy, where each local site owns itself as well as an equal part of the core organization, the brand name, the IT infrastructure and makes strategic decisions on behalf of the whole network.

To become part of the global Impact Hub community, one has to pay a joining fee and share a small part of the annual revenue (about two percent). The individual venues make a profit by charging entrepreneurs a membership fee for open or fixed-desk coworking and organizing different training courses and mentorship programs. Impact Hub often teams up with venture services helping new startups to get rolling. It also brings together bright businesspeople and investors who can contribute to the development of the impact investing industry.

Impact Hub’s business model has proved to be effective; however, there are always some risks involved. For example, the consequences of a local Impact Hub’s stakeholders selling their share to someone who doesn’t respect the community’s agenda, could be unpredictable and affect not only the mission but also the financial well being of the company.

Impact Hub events

Members of Impact Hub have access to a plethora of events. From a training course for journalists to practical workshops on how to attract money by changing one’s mindset, there are events to suit various needs and interests.

Impact Hub events foster people of various backgrounds and help them get access to different support programs and investments. For example, in September, the Hub in Boston will hold an event for social entrepreneurs of color.

Environmental issues are important to Impact Hub, too. Santa Barbara’s location has a Compost and Recycling Program that raises awareness of how food scraps can be turned into compost.

Members of any of the Impact Hubs can get a ticket to SOCAP18—a San Francisco-based conference for impact investors and social entrepreneurs—at a reduced price.

Impact Hub locations

The network of Impact Hub venues continually expands. It is now represented in over 50 countries and across five continents, uniting impact entrepreneurs of various backgrounds and provides them opportunities to reach mentors from multinational companies and investors across the globe.


All Impact Hub locations charge a membership fee. One can buy a day pass for members or non-members or become a resident with a personal desk and an unlimited amount of working days. A fee varies depending on the country and the level of engagement within the community. For example, a resident fee in Switzerland costs CHF 550,00 (about $558/month) while the same membership in Ukraine would cost 2000 UAH ($71/month).

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3. Benefits of Tagging Others

Social data also describes the interaction between social media users. While comments, likes, and shares are the most obvious forms of interaction on social media, tags are another form of communication between social media users. 

Tagging is one of the most effective tips for coworking on social media. When it comes to promoting your coworking space, tags do an amazing job at increasing your visibility. On Facebook, for instance, your post will have more reaches if you tag others:

Image credit: CENTRL Office

If you often organize events at your coworking space, you can tag the participants. If you have some special offers, tag someone who helps you promote them. Any tag conveys social data, as it transfers information from one user to another. It’s a great way to become more visible online and attract potential clients. 

In Conclusion

Like any other big data, social data has limitations, as not every social media user shares information. Nevertheless, social data is still very effective for marketing purposes, as it can help your coworking space become more recognizable. 

Using the above-mentioned social data techniques together will help you increase visibility, as they will help others find your coworking space more easily. In general, these techniques are aimed at targeting large numbers of people and help them easily navigate the space of social media to find the best coworking spaces. 

Platform

Location

Croissant

International

Included.co

International

Hubble

London

Coworker

International

Instant Offices

International

Pickspace

International

Share Desk

International

Happy Desk

International

DesksNear.me

International

DeskTime

International

Coworking London

London

Desk Pass

International

Copass

International

Coworking Wiki

International

Desk Surfing

International

Near Desk

US

Liquid Space

International

GoCoWo

International

Find Workspaces

US

Sneed

India

Ofixu

International

Meetings Booker

International

Qdesq

India

eWorky

International

Share your office

US

Spacelist

US and Canada

42 Floors

US

Office List

US and Canada

Coffices

International

Breather

US, Canada, Europe

Setting

Berlin

Key to Office

International

Peerspace

US and Europe

Bizly

US

Spacewhiz

India

Beewake

US and Europe

Awfis

India

Allofficecenters

Germany

Splacer

US

Lexc

International

Desk Camping

International

Worksnug

International

Seats 2 Meet

US

Coworking.Coffee

International

Commercial Cafe

US

Preferred Office Network

US

Heydesk

International

Office Freedom

International

Flexas

International

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