The Cambridge Innovation Center, where numerous Boston-area startups have spent time, plans to launch similar workspaces in Baltimore and St. Louis, according to a report in Monday’s Boston Globe. It also plans to add more space locally.
Located in Kendall Square near MIT — and with VMware, Microsoft, Google, Amazon, IBM and Oracle offices within a stone’s throw — CIC hosts innumerable hackathons and meetups, becoming a hub of the Boston-area startup scene.
Startups can rent a desk at CIC’s Cambridge Co-working Center for $535 a month or, if they prefer, they can plunk down $5,200 per month for a swank, three-person office with a view.
CIC claims to have launched more than 1,000 companies since opening 23 years ago
Tim Rowe, CEO of the center and a partner at New Atlantic Ventures told the Globe, the goal is to “create communities of people who are making an impact … We really should be doing that everywhere.”
Co-working spaces are booming — especially in areas where real estate prices are sky high. Many San Francisco area startups launch from RocketSpace, and New York has lots of co-working options, as GigaOM’s Ki Mae Heussner has reported.