Co-working space to hold open house
Last Updated: 17:37 September 23, 2013
Spark plans to open in November in the basement at 1310 College Ave. The 5,400-square-foot space, once completely renovated, is designed as a space for student entrepreneurship, connecting CU students and the Boulder tech startup community and giving those students a place to develop new ideas of their own.
Spark is a nonprofit organization founded by students.
"It's something I think everyone at this school has kind of realized has been a need for a long time," said Fletcher Richman, a Spark board member and CU engineering student.
Spark has raised about $125,000 of the $150,000 it expects to need to build out its space and start operating. That money and help with the startup operations have come from a variety of partners and sponsors in the community, from the Archer Bay law firm aiding Spark with leasing its space and providing legal services to TechStars co-founder Brad Feld and wife Amy Batchelor buying the naming rights to the restrooms.
Other supporters involved include Pivotal Labs, ArcStone Partners, Sendgrid, Inspirato, Applied Trust, PivotDesk and Metzger Associates, among others.
In addition to incubating student businesses, Spark will rent out co-working space on a month-to-month basis. After its initial fundraising is completed to cover buildout and startup costs, Richman said Spark's aim is to cover operating expenses with the co-working space proceeds.
Archer Bay, which was Spark's first key sponsor, is renting out two offices at Spark. Boulder-based Snowgate, creator of an electronic equipment locker system for ski resorts, and Tuition Specialists, a company that helps out-of-state college students obtain residency, also have committed to renting space at Spark already.
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