Dc co working spaces1/6/2024 ![]() ![]() Halcyon equips early-stage social entrepreneurs with the support they need to transform audacious ideas into scalable and sustainable ventures, and change the world. GDI works with partners over 2-3 years to support the achievement of critical step-changes needed to take their ideas, initiatives, and organizations to the next level. ![]() GDI launches start-ups focused on social impact, incubates partnerships to spark collective change, and helps lay the foundations for promising organizations to reach their potential. Global Development Incubator is focused initiatives that address urgent global problems. The firm provides several programs designed to support various stages in the lifecycle to include early-stage and growth-stage The organization’s vision is to create $100B of new wealth and economic power for and by the New Majority. Their programs seek to accelerate new majority entrepreneurs from high potential to high growth. The Hatchery provides access to experts, potential customers, and more.ġ863 Ventures is a business development program designed to bridge the gap between entrepreneurship and equity. The Hatchery builds their own startup ideas in-house as well as working in partnership with other organizations. The Hatchery by AARP is an incubator/accelerator for companies working to enhance the quality of life for all as we age. The incubator is committed to creating a collaborative environment where under-resourced members have access to the space and services needed to build or grow a successful business. Inclusive Innovation Incubator (In3) is the District’s first community space focused on inclusion, innovation and incubation. Benefits include pitch nights, investor introductions, mentorship, and targeted workshops. WeWork Labs provides the community, education, connections, and mentorship to help anyone take the startup path and grow. Read on to learn more about the types of incubators, shared workspaces and resources in the District to help you pursue your business dream. Business incubation has been adapted to meet a variety of needs, from fostering commercialization of technologies to increasing employment in economically disadvantaged communities. They serve as a forum for entrepreneurial development, where new companies co-habitat in a physical space or join a virtual network to exchange ideas, access key business support services and test-drive their ideas. In fact, the Washington, D.C., region stands out as an outlier from most of the nation, with more suburban flex spaces than urban ones, as 67 percent of the metro’s coworking spaces are in the suburbs.Ĭoworking brands such as Regus, Perfect Office Solutions, LocalWorks and Industrious lead the way, with smaller players such as Metro Offices, Oasis Office and Navigate all starting to expand in D.C.’s suburban regions.Incubators, accelerators and co-working spaces provide start-up firms and small businesses with an entrepreneurial environment, professional network, savvy mentors and critical resources to develop and grow successful businesses. “Furthermore, given that the federal government hasn’t ordered a return-to-work edict and its individual agencies have been favoring downsizing, it’s only natural that coworking spaces would provide a favorable solution to D.C.’s recent shifts in the work field.” “With construction permits in Washington, D.C., hindered by local policies, it makes sense that any new type of real estate - including commercial - would take root outside of the urban core,” the Policy Center report noted. Policy Center, a record high in the last two decades, so it’s not surprising that more people are working from spaces outside the city. Out-migration from the District to the suburbs led to a decrease of 23,000 residents in 2021, according to D.C. Other suburbans on the list were Fairfax, Va., which has 12 coworking spaces, and Bethesda, Md., which has 11. Meanwhile, Alexandria, Va., ranked seventh, with 17 coworking spaces. The Washington, D.C., metropolitan area ranked second with 160 coworking spaces.Īrlington, Va., and Newport Beach, Calif., tied for second in the suburbs ranking behind Irvine, with 25 coworking spaces. Los Angeles checks the highest number of suburban coworking spaces at 361, including 91 in Irvine, the country’s largest suburb. ![]() ![]() SEE ALSO: Medtech, Biomanufacturing Bolster Life Sciences’ Slowing Growth: Report ![]()
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