Impact Hub Singapore, one of the country’s largest co-working spaces, has launched its second centre at Cuppage Terrace, in Orchard Road district. Covering 10,000 square feet of floor space it is located within a 10-row heritage shophouse. The co-working space offers dedicated team rooms, a corporate innovation workshop hall, Skype booths and meeting spaces.
For a workplace, Hubbers have to pay S$385-910 a month and private office prices are available on request. The first co-working space is at Prisep Street with 8,000 sq. ft. workspace. It is leased by about 500 entrepreneurs, creatives and techies, operating at almost 100 per cent occupancy.
HS chief Grace Sai told The Business Times,
As our current Hubbers grow, they would like to have another option that has a different office environment and vibe, to be in sync with their growth.
Partnership with IDA
Impact Hub Singapore has collaborated with IDA Hive, Infocomm Development Authority’s (IDA) tech facility at the Sandcrawler to co-create solutions for Singapore’s Smart Nation initiative. It also launched the The Mission Movement, a national initiative co-created by entrepreneurs of Hub Singapore to promote entrepreneurship locally.
HS and IDA Hive will create networking platforms for HS’s entrepreneurs to access the deep technical skillsets of IDA Hive’s nearly 100 data scientists, designers and engineers, and for the latter to tap the acumen of HS’s entrepreneurs.
Jacqueline Poh, Managing Director, IDA said,
We see great synergy between IDA Hive and HS. When tech in IDA Hive meets creative in HS, we can work together to design and deliver more meaningful digital services for the public good.
IDA is also providing open data platforms such as data.gov.sg, where real-time APIs will be housed to enable Hub Singapore’s start-up community to co-create useful applications that are relevant to their businesses. This is aimed at encouraging the growth of ground-up grassroots efforts from citizens and businesses.
The first edition of The Mission Movement will have a research project to determine the desires of locals in pursuing a mindset needed to foster a larger and more diverse entrepreneurial landscape in Singapore. This will see it subsequently curate partnerships with organisations or business entities catering to these desires through events, workshops, talks, and communities.
Commenting on the development, Grace said,
When people step into Hub Singapore, they are stepping not just into a co-working space, but a community of connections. From day one, we have been building ecosystems, not spaces. Through our $1 million Hub Ventures Fund, Investor-in-Residence and 1-on-1 mentoring programmes, direct access to corporates and international networks – entrepreneurs and teams grow and have access to a supportive community.