WeWork, the New York-based flexible space provider, on Thursday launched a new €17M initiative to boost the European startup ecosystem.
Dubbed as Growth Campus Europe, the initiative is targeted to boost economic recovery across eight European countries – Germany, France, Spain, Belgium, the Netherlands, Poland, Sweden, Norway, and the Czech Republic.
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Supporting entrepreneurial ecosystem in Europe
According to WeWork, Growth Campus Europe will provide €17M of subsidised workspaces, giving teams the ability to collaborate in-person while providing flexibility for employees as they embrace hybrid working.
The initiative is open to startups and scaleups, accelerators and incubators, social impact and non-profit organisations, and will provide access to educational programming and tailored coaching opportunities.
Eligible members will get a 50 per cent subsidy in fees across designated WeWork locations…