Mayor Faulconer lauds new “living, breathing workplace” and “new way of doing things”
As part of Mayor Kevin Faulconer’s commitment to grow San Diego’s tech innovation sector within the “Smart and Safe Cities” campaign, the City of San Diego has awarded a $40,000 grant to CyberTECH’s NEST CoWork space to help generate the creation of more startups and jobs across the region.
Officially opened nearly six months ago, NEST, the 16,000 square foot space located within the Manpower building in Bankers Hill (1855 First Avenue, San Diego, CA 92101), is now fully leased with 47 resident members. That total is expected to grow to 100 companies by mid-2017. For every resident member, NEST also supports an additional four non-resident members through its Community Social Incubation model.
The City of San Diego’s “Smart and Safe Cities” program emphasizes the need to support tech startups with infrastructure, mentorship and access to capital. By definition, a “smart and safe” city encourages a best-practices approach to preventing cyberattacks and related disruptions to the Internet and other open networks that are increasingly vulnerable, along with protecting basic user privacy and product safety.
“What we see at NEST represents a momentous shift away from the traditional workplace – a living, breathing workplace that embraces a new way of doing things,” said Mayor Faulconer in making the announcement. “NEST represents our city’s fast-changing, ever-flexible, always upwardly-mobile economy, especially for downtown, which is more vibrant than ever.”