Creating jobs, helping entrepreneurs: Space is a big deal

Read this short but detailed discussion of the space problem for start-ups and entrepreneurs by Melissa Thompson. Finding the right office space at an affordable price is a huge issue for small, entrepreneurial businesses. Many of them start in the home, but if they grow beyond a couple of employees, they will usually be looking for office space, and in my experience, many local and regional economic development organizations are not well prepared to help with this. The traditional business incubator may does not have the right size offices or facilities for start ups (many do, but not all of them that I have visited), and location is everything: entrepreneurs want to be in town, where good coffee and business-oriented restaurants are used as adjunct meeting space and brainstorming locations. And of course, affordable high speed broadband is essential because I can guarantee any new start up is going to make heavy use of videoconferencing.

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