91Springboard, a startup co-working space and incubator, has recently announced that its Delhi family has grown to 56 start-ups, with this announcement the incubator is also going to soon set up a hub in Gurgaon to provide startups with resources, knowledge and connections, necessary to launch and grow into great companies.
The new facility can house 220 entrepreneurs, service providers and mentors under one roof.
91Springboard was the first in India which coined the phrase “coworking hub” when it established its first center in Delhi ten months back. “Launching it was a huge risk for us as it was a totally new experiment never tried in India.. We are glad that this has been well received by the startup community,” says Pranay Gupta, partner, 91Springboard.
Coworking spaces have started picking up all over the world as it provides instant community for entrepreneurs in a protected environment. In such a setting, instead of there being separate closed rooms for each startup, a coworking incubator allows members to collaborate either formally or informally. There is also a directory of members where each member can list their services, and see who is providing services that might synergize with theirs.
Varun Chawla, partner, 91Springboard said, “There are several ingredients that make it a startup hub rather than just a shared office space. Events + community + service providers + mentorship + free credits (Amazon, Sendgrid, etc) + networking opportunities + exposure = a solid startup foundation.”
For a startutp, these kind of co-working spaces provide them with a inexpensive way to fulfill needed infrastructure and the right qualities of professionalism and discipline, without breaking their budget or giving out equity.
91Springboard also organizes several events under 91university (skill based) and 91circle (network based) to further strengthen this community.
It tries to make the startup journey easier through:
1) Coworking: 2 lively spaces that can support 350+ entrepreneurs on a fulltime basis.
2) Community: They organize and host 70+ workshops, parties and pitch days every year, as well as acts as a venue for external startuprelated events at their facilities.
3) Capital: They work with some game changing startups every year and provide them with access to funds.
It is also going to organize a Lean Startup Bootcamp in Delhi and Goa this month.
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