Student start-ups at Michigan State University can continue to move from coffee shops into an expanding landscape of co-office and shared spaces as
the Hatch nearly doubles its floor space.
The popular co-working space and student business incubator at 325 E. Grand River Ave. in East Lansing added 1,135 of floor space and meeting rooms to bring the total square footage to 2,542 square feet over the summer. The expansion was funded by the Lansing Area Economic Partnership, the Michigan Economic Development Corporation, Michigan State University, and a three-year gift from the MSU Federal Credit Union.
"We needed extra space and extra amenities," says Paul Jaques, director of student and community engagement at
Spartan Innovations and a Hatch "superhero" team member. "Space helps with growth. We were able to throw in some new technologies and rooms where people can break off and have meetings."
In 2013-14, 156 teams of start-up candidates came to the Hatch to explore and research business ideas, design and create, and collaborate and mentor. In 2014, students also raised more than $210,000 in start-up support through national and international business plan competitions and growth.
The expanded Hatch is outfitted with a pair of HD video conference-ready breakout rooms, a multi-media editing suite, new monitors, 24-hour key fob access and video security, WiFi, and a flexible power-charging system.
The new floor plan also builds on the idea of an "entrepreneurial ecosystem" by building out an adjacent co-working space for the community. The 1,900-square foot 300 Room, Hatch leaders say, can be used by community members for meetings or networking during open hours or via scheduled reservation.
"It's a community-focused space for the general community," says Marketing Director Amber Shinn. "It's ground zero for folks of all experience levels and provides a comfortable environment that encourages them to start and keep their business here."
-----
Source: Paul Jaques, Director of Student and Community Engagement, Spartan Innovations
Writer: Ann Kammerer, Development News Editor
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.