The new initiative includes close to USD8m investment in subsidised space, mentorship and education
WeWork, one of the leading global flexible space providers, has launched WeWork Growth Campus, a new initiative aimed at giving a boost to Southeast Asia’s entrepreneurial startup ecosystem.
While Southeast Asia has seen some scale-ups rise to new heights during the pandemic, COVID-19 has presented a huge challenge for startups and the community who support them. With innovation being key to a thriving economy, Growth Campus will support the sector and its role in the region’s economic recovery.
As emerging businesses and entrepreneurs play a central part in WeWork’s community, Growth Campus is built on WeWork’s expertise in providing its members with the network and space to help their business grow and thrive.
With campuses across key cities such as Bangkok, Ho Chi Minh, Jakarta, Kuala Lumpur, Manila and Singapore, Growth Campus gathers a whole entrepreneurial community together both virtually and through subsidised space. Members will have complimentary access to WeWork Labs which offers virtual acceleration support: online access to mentoring and coaching opportunities, customised educational programming, a global network and member community, and exclusive member benefits and discounts to help them grow.
Monica Wulff, Head of WeWork Labs, Australia, Southeast Asia and South Korea, shared, “WeWork has played an integral role in many companies’ growth strategies and as COVID-19 continues to impact the economy and disrupt the way we work, we saw the need to offer a network and workspace designed to help businesses thrive. As economic recovery evolves across the region, we can expect more companies to emphasise workspace strategy to advance productivity, collaboration and creativity.
“Founders know that building a business isn’t a solo endeavour. Through subsidised workspace, virtual mentoring, customised education and access to our global network of members, we can provide more to help startups grow and kickstart this sector.”
Growth Campus is open to start-ups and scaleups, accelerators and incubators, investors of all sizes and corporates with an innovation agenda. Launched in the UK in February, the program attracted over 800 signups in the first six months, including Antler and Crowdcube.
Further information on how to apply for the Growth Campus can be found HERE.