Magazine article The Small Business Advocate

1776 Offers Startups Resources and Connections in the Heart of D.C

Magazine article The Small Business Advocate

1776 Offers Startups Resources and Connections in the Heart of D.C

Article excerpt

In September, Advocacy's ten regional advocates toured 1776, a Washington, D.C.-based organization that seeks to nurture local startup businesses by connecting them with a variety of resources. The 1776 campus, which counts 240 startup businesses as members, is situated on two floors of a downtown office building. When Advocacy's team visited, it was bustling with activity as dozens of startup employees utilized its openconcept coworking space.

Opened in January 2013, 1776 caters to innovative entrepreneurs who are working at all hours of the day and night to launch their fledgling businesses (the space is open 24 hours a day, 7 days a week). Chief Financial Officer Steve Graubart described 1776 as a space to support young companies taking on "grand challenges."

When asked what distinguishes 1776 from other accelerators and incubators, Graubart said that it is the variety of specialized services and programs they offer that makes it unique. Not only is it a coworking space, but members have access to classes, the expertise of the corporate partners, a mentorship network and networking opportunities with other startup companies. Members benefit by being in close proximity to employees of other startups as they share knowledge and expertise in the wide-open office space.

In addition to operating its retroindustrial style coworking facility, in which members rent work space, 1776 pairs its members with mentors from its many corporate partners. In this collaborative environment, members can attend daily networking events and classes. …

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