Virginia Beach Economic Development
Creates Partnership with 1701
Virginia Beach Economic Development has created a partnership with 1701, Virginia Beach’s first collaborative coworking space located in the ViBe Creative District. With this sponsorship, the department will create synergy with 1701 and encourage more entrepreneurial growth in the city through the launch of a new Entrepreneur-in-Residence program. Information and applications can be found here. Applications will be open in mid-October, and entrepreneurs will be accepted on a rolling three-month basis. Accepted applicants earn three months of fully sponsored workspace. 1701 offers memberships based on individual needs. Members receive benefits such as office or desk space, high-speed internet, IT support, conference rooms, meeting space, networking events, discounts to classes and workshops, free parking, beach cruisers, an abundance of coffee and much more. 1701’s goal is to stimulate the growth of startups and new businesses in Virginia Beach. Since its inception in 2016, 1701 has provided support and resources to more than 350 entrepreneurs in the region through coworking, mentorship and various events. 1701 estimates more than 65 new business licenses have been acquired by its members over the last two years. Fifteen companies have successfully graduated out of the shared workspace and have leased commercial space in Virginia Beach or the region.
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