The Prime Minister has unveiled plans to open up vacant Government workspaces to SMEs and small businesses in a bid to aid growth and enterprise across the UK.
"Let's match the capacity with the need that is out there," said Cameron. "We need the British equivalent of the Silicon Valley garage."
David Cameron revealed the plan during a visit to Leeds, which he hoped would enable the private sector to grow more quickly and help absorb job cuts occurring across the public sector.
There could be more than 300 former Government office premises available for low rates for one year to give small businesses the chance to benefit and establish themselves during a tricky economical period.
The subsidised spaces will be managed by ‘incubation organisations’ and are only available to small firms.