NYC Workspace Partnership to help struggling businesses
February 18, 2009 by Bill Sobel
Filed under Industry News
Like they say, there is a bit of a silver lining in every cloud and nowadays you really have to look hard to find it. I think you will agree the email I received from my friend an colleague, Cheni Yerushalmi, Managing Partner at “my home away from home,” Sunshine Suites is good news indeed.
Cheni has worked tirelessly the past few months with the NYC Economic Development Corporation putting together this awesome coalition and it looks like his hard work is about to payoff!
NYC TO ANNOUNCE START-UP WORKPLACE PARTNERSHIP
by Caroline McCarthy/CNET
The city of New York is about to step up its efforts to help nascent businesses and laid-off professionals, CNET News has learned.
On Wednesday, the city’s Economic Development Corporation (NYC EDC) plans to announce a new initiative to partner with a number of local start-up workspace companies. These office space providers rent desks, cubicles, conference rooms, and other resources to new and small businesses that aren’t yet ready to take the full plunge into office space in a notoriously expensive market.
According to a source in the city’s venture capital community, the agreement means that participating workspaces will provide discounted services and event space access to the city in exchange for promotion and publicity. Basically, this means that instead of actively developing rival shared work spaces–which could undercut existing private ones–NYC EDC will primarily collaborate with the ones that are already there.
A media relations representative from NYC EDC confirmed to CNET News that there would be an announcement on Wednesday but declined to provide any details.
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