SILVER SPRING, Md., July 16, 2018 – The Silver Spring Innovation Center, located at 8070 Georgia Avenue in Silver Spring, is under new management and will soon be remodeled.
“This is a win/win,” said County Executive Ike Leggett. “The transition to a private sector management firm is part of the County’s new strategy to foster private sector involvement when it comes to attracting and retaining businesses and growing the economy.”
As part of the partnership, both Montgomery County and Launch Workplaces will be upgrading the 20,000-square-foot Innovation Centerto benefit clients and to enhance operations. The facility can house about 20 digital media and technology start-up companies. The three-year contract expires June 30, 2021.
“Flexible workspaces by their nature serve as innovation centers,” said Mike Kriel, chief executive officer of Launch Workplaces. “We strive to create a culture of innovation at all of our Launch Workplaces locations by supporting creative collaboration among entrepreneurs and small businesses. By partnering with Montgomery County to manage the Silver Spring Innovation Center powered by Launch, like-minded innovators can work in a space that encourages them to grow in an entrepreneurial community with a focus on educational programming and advancement. We will continue to add amenities, resources, and programming, helping members thrive in a state-of-the-art office space that encourages them to expand in size while also prospering as a business.”
About Launch Workplaces
As the coworking division of The Brick Companies, Launch Workplaces are hybrid workspace centers for individuals, startups, and small companies to grow through an entrepreneurial community, collaboration, and educational programming environment. Launch Workplaces’ existing five centers are home to small businesses, entrepreneurs, and innovation-focused teams from the Inc. 5000 and are designed for companies looking for simple workplace solutions to get serious work done. The company’s management services division helps commercial real estate building owners enhance their buildings by opening a coworking center in an existing space with Launch Workplaces managing the process and space once it opens. For more information visit www.launchworkplaces.com.