TfL launches retail and tech competition

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Transport for London has launched a new competition offering businesses retail space for a year.

The prize, worth up to £100,000, will be awarded to a business that delivers an innovative retail and tech concept that offers travellers a unique way to use space on the TfL network.

The winning business will be offered a physical site on the network to test out their idea, allowing them to pilot the concept in reality.

TfL is one of London's biggest landowners, with more than 2,000 commercial units across its estate. These include spaces for pop-up shops through to large retail units for expanding firms.

The network says the competition is part of its history of working with innovative brands, and continues its support for London's small businesses.

Grame Craig, director of commercial development at TfL, said: “As one of the largest landlords in the capital, it is really exciting to launch this competition and see what creative ideas retailers will come up with to push the boundaries of industry norms. Our estate offers them a unique opportunity to test out their new and innovative concepts.

“The competition showcases to businesses, which might not otherwise consider it, how they can utilise our retail space in exciting ways and builds on our history of supporting businesses to grow and expand what they can offer to our customers.”

Businesses interested in entering the competition can read more on the TfL website.

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