Barclays Eagle Labs spreads its wings  

July 16, 2018

Andrew Lawrence, regional director for Barclays, announces the bank is opening one of its innovation tech labs in Newcastle this autumn

Barclays’ growing network of Eagle Labs are designed to drive innovation, entrepreneurship and digital transformation in the UK, by providing start-ups and scale-ups with the skills and tools to create, innovate and grow.

Available for co-working, private offices or for mentoring, learning and events, Barclays’ fully equipped tech labs are committed to supporting businesses advance their skills and digital confidence.

There are now 17 Eagle Labs across the UK, in locations such as Cambridge, Edinburgh, Liverpool and Birmingham, with more Labs in the pipeline – including one in Newcastle, which will open this autumn.

To date, Barclays has opened its doors to more than 100,000 visitors and hosted over 1600 community and business events since launching the first Lab in late 2015.

As well as supporting businesses, Barclays is driving innovation and digital transformation across multiple industries by bringing together corporates and leading universities.

For example, our recently launched Eagle Lab in partnership with the Law Society and a cohort of law firm partners and universities has been designed to create a LawTech centre of excellence to bridge the gap between emerging LawTech innovation and major law firms and help to transform the legal industry.

We facilitate and deliver learning and activities such as coding, digital fabrication and rapid product prototyping, as well as offering business incubation, mentoring and co-working and office space for ambitious high-growth businesses.

Barclays’ aim is to become an integral part of the business and local community and complement the ecosystem, wherever we operate.

The original concept for Eagle Labs was to take under-used branch and office space and turn them into thriving business and community hubs to drive digital skills to help develop the UK economy. We have since broadened our model to work with partners who share our vision to create a prosperous and progressive community and have extended our reach beyond Barclays’ spaces by partnering with organisations such as L&G in Cardiff, Avenue HQ in Liverpool, CodeBase in Edinburgh and Ormeau Baths in Belfast, to name a few.

We’re currently in talks with TusPark, to launch our next Eagle Lab in Newcastle later in 2018 and open up an international gateway for UK and Chinese businesses to drive UK local economic growth in the North East.

The new Tyneside-based Lab will also include a tech lab that will be fully equipped with digital fabrication equipment and include a dedicated Lab Engineer to help businesses and entrepreneurs gain a foothold in the world of Industry 4.0. This includes the internet of things, user experience, sensor technology, advanced manufacturing and augmented reality, as we believe that embracing new technologies and techniques are critical to the success of businesses.

Whether you want to start a business, build a prototype, collaborate with like-minded companies or need a place to work, Barclays’ national network of Eagle Labs can provide spaces and tools for you to create, innovate and grow.

Find out how we can support you and your business:

Barclays Bank UK PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No. 759676). Registered in England. Registered No. 9740322. Registered Office: 1 Churchill Place, London E14 5HP.

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