Occupyd launches marketplace to help firms monetise excess capacity

Occupyd launches marketplace to help firms monetise excess capacity

Callum McPherson

Edinburgh-based start-up Occupyd is launching a first-of-its-kind marketplace which connects small businesses and individuals searching for workspace with companies looking to monetise their existing and excess capacity. 

Founded by entrepreneur Callum McPherson, Occupyd caters to a number of industries across the UK including hospitality, hairdressing and beauty salons, as well as workshops, photography studios, event spaces and much more.

Here’s an example of how Occupyd works would be where a cafe that closes its doors at 3pm each day can advertise its kitchen space on Occupyd for small businesses or entrepreneurs who cater to the evening market. This provides out-of-hours income for the owner - during a time when it’s needed most - and cuts down the financial responsibility for the occupant. 



Mr McPherson said that his aim is to make physical space more accessible and less burdensome for firms regardless of sector, size or location. 

He said: “A large number of organisations have been affected by the on-going pandemic, which has had a huge impact on their bottom-line.

“We’re driven to make life a little easier by facilitating relationships between businesses on the hunt for workspace, and those that have extra capacity, so they can help each other out and continue to grow.”

He added: “We talk about the ‘hidden market’ - something which is already there, but people are unaware of.

“Monetising after-hours capacity, which would otherwise be empty, or renting out supplementary workspace could be a goldmine for some companies.

“Many of us are sitting on something valuable, we just don’t know it.” 

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