A home away from home… The Network Hub
The first time I came to The Network Hub was at my first Third Tuesday event. I was positively impressed. The place is simply outstanding. Ever since I’ve wanted to become a consultant I’ve wanted to have a workspace that provides me with freedom and also positive entrepreneurial energy around me. The Network Hub answers those needs.
A view of The Network Hub’s open space office concept. Photo credit: Raul on Flickr.
So, what is exactly The Network Hub and why does it play an important role in Vancouver’s burgeoning entrepreneurial sphere?
The Network Hub was established 2006 after observations of first time entrepreneurs struggling to find fundings from angel investors and venture capital companies. The Network Hub is a special kind of venture capital firm and incubator that care more about your idea than your age, resume and your business plan.[The Network Hub website]
Another view of The Network Hub. Photo credit: Raul on Flickr
So how *exactly* does The Network Hub help entrepreneurs?
Ideas are important but we also look for motivation, passion and brains. The ideal companies we are looking for usually has two or more founders. We provide micro-loans and resources to help you get started on your ideas in exchange for 5%-10% equity.
We provide to all our startups:
* “Micro” capital
* Infrastructure (office space, legal, accounting, human resources, etc.)
* Product development, management, sales and marketing resources
* Connecting you to potential investors
* Expertise through business partners [The Network Hub benefits page]
When the time comes for me to start up my business, I will seriously consider coming down to The Network Hub. The concept is somewhat similar to that of WorkSpace, and I think that there should be more of these “shared office space” concepts. I also plan to write a featurette of WorkSpace soon. Stay tuned!