The Palm Beach Tech Association has been awarded $150,000 to open a collaborative workspace for emerging entrepreneurs and early stage startups at 313 Datura Street in Downtown West Palm Beach.
“This innovative project is a great example of how the City of West Palm Beach is not only open FOR business, but it is open TO business as well. Our entrepreneur class is quickly becoming a cornerstone of our growing business economy," said Mayor Jeri Muoio.
The PalmBeach Tech Space is currently operating in its soft opening with options for part time, full time, and 24/7 access. There will also be dedicated desks, private offices and perks like discounts at local businesses and free in-house Subculture Coffee. They expect to be fully operational by October 3rd.
"This is a great opportunity for entrepreneurs," said Clay Williams, CEO of Achieve and Palm Beach Tech Board Member. "The workspace offers everything a start-up needs, and this collaborative environment will ultimately result in greater and more innovative ideas."
Led by a $100,000 matching grant from the John S. and James L. Knight Foundation, the City of West Palm Beach CRA ($25,000) and several private companies including Achieve ($25,000) have also stepped up to support the non-profit initiative.
“Creating public spaces that connect the community and add to neighborhood life is essential to building more successful cities. The workspace will help to do just that by supporting local talent and encouraging more collaboration between idea makers of all kinds,” said Lilly Weinberg, Knight Foundation director for community foundations.
They’ve also partnered with Palm Beach Atlantic University, the Palm Beach Code School, and FAU Tech Runway to offer students free access to the facility and its programming.
The Palm Beach Tech Association will host its next Meetup on Wednesday, September 28, 2016 at Palm Beach Tech Space. For more information and to join, visit www.palmbeachtech.org/space/
- Submitted by Palm Beach Tech Association