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Posted July 19, 2019
DURHAM – When it comes to startups and fostering innovation in the Bull City, it appears that WeWork wants a slice of the action.
Enter WeWork Labs, the company’s innovation arm supporting early-stage startups through their journey – from ideation to post-accelerator.
Today, the global co-working company announced that it plans to open its first location in the Bull City, adding to its some 60 spaces across the globe since the program’s launch early last year.
The space will be co-located within WeWork Durham.ID (short for Innovation District), which recently opened for business last week, offering the capacity to house up to 40 startups.
By the firm’s estimates, there are 300-plus startups in the surrounding area, many still searching for support and venture capital.
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