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Home News Coworking

WeWork Launches New Program To Help New York City Startups Recover

WeWork has launched WeWork Growth Campus NYC, an initiative that gives startups, nonprofits, and entrepreneurs access to resources to help them recover from the pandemic.

Aayat AlibyAayat Ali
February 15, 2022
in Coworking
Reading Time: 2 mins read
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WeWork Launches New Program To Help New York City Startups Recover
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WeWork has announced the launch of a new initiative that aims to help small businesses, startups, nonprofits, and entrepreneurs recover from the pandemic in New York City. 

The WeWork Growth Campus NYC will subsidize $25 million in workspaces across 11 WeWork locations in the city, with its main hub being at WeWork Gotham Center in Queens.  

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WeWork is partnering with all five boroughs’ Chambers of Commerce, as well as Tech:NYC to launch the initiative. 

“WeWork is thrilled to launch the first U.S. WeWork Growth Campus in New York City,” said Chris Ferzli, VP of Global Public Affairs at WeWork. “As a New York-founded and headquartered company, we are committed to helping the city’s diverse and growing entrepreneurial and nonprofit communities thrive. We’re grateful to have the support of City Hall and are excited to again partner with the city’s Chambers of Commerce to help bolster economic activity across New York.”  

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Members of WeWork Growth Campus NYC will have access to mentorships, networking opportunities, educational programming, as well as WeWork Labs, which offers virtual acceleration support, online expert advice, and exclusive members benefits and discounts 

In order to be eligible, applicants must be based in New York and be founded within the last five years. Startups must also have fewer than 100 employees, be bootstrapped, or be in pre-seed funding rounds, while also having a turnover of less than $2 million. 

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Source: Business Wire
Tags: BusinessCoworking
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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