Press Release from 1701 and Hampton Roads SBDC
1701, Virginia Beach’s first collaborative coworking space located in the ViBe Creative District, is collaborating with the Small Business Development Center of Hampton Roads to bring expanded services to its clients. This partnership will allow the SBDC to further expand its Circuit Ride Program which is designed to allow ease of access to the counseling and information resources it provides.
In addition to conducting small business counseling services on a regular basis, the SBDC will be looking to bring a variety of small business courses and presentations to the area’s existing and prospective small business owners.
Jeff Werby, 1701’s co-founder, stated: “The ViBe Creative District in Virginia Beach is an up and coming area and has a concentration of a wide variety of small businesses. 1701 was started with the goal of nurturing and growing this nascent community. Over time, we have witnessed its expansion and growth. The City of Virginia Beach recognizes this growth and is committed to supporting future expansion. Bringing access to the local, state and national resources provided by the Hampton Roads Small Business Development Center is a logical step forward in our overall strategy.”
1701’s goal is to stimulate the growth of startups and new businesses in Virginia Beach. Since its inception in 2016, 1701 has provided support and resources to more than 350 entrepreneurs in the region through coworking, mentorship and various events. 1701 estimates more than 65 new business licenses have been acquired by its members over the last two years. Fifteen companies have successfully graduated out of the shared workspace and have leased commercial space in Virginia Beach or the region.
Jim Carroll, the executive director for the Small Business Development Center of Hampton Roads, sees this as a great opportunity to increase the Center’s reach into a heretofore underserved area. “Two years ago, the Center started its Circuit Ride Program which consisted of monthly visits to Franklin, Gloucester, Smithfield and Williamsburg. Last year, Yorktown/York County was added to the list of localities visited. Having 1701 host the SBDC is a logical extension of our services and will enable us to more efficiently and effectively serve the region’s small business owners.”
The Circuit Ride Program will begin in June and will continue throughout the year.
1701 is Virginia Beach’s first coworking space. Since June 2016, 1701 has been a hub for entrepreneurs, freelancers, creatives, startups, and remote workers in the ViBe Creative District just a few blocks away from the Atlantic Ocean. Our community of nearly 100 members form genuine relationships while growing their businesses, attending educational, social, and networking events, and enjoying the best locally roasted coffee in the world.
About Small Business Development Center of Hampton Roads
The Small Business Development Center of Hampton Roads is a program of the Hampton Roads Chamber. Established in 1990, it is part of the VSBDC Network under Mason Enterprise Center at George Mason University. Funding for the Center is under a Cooperative Agreement with the US Small Business Administration which is matched with local funding from a host of sponsors.
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