New York, NY (PRWEB) May 02, 2012
The Hatchery has just signed a lease for a 16,000 square foot mega office, located in Midtown West. For years The Hatchery has been assisting technology start-ups by creating place for innovation, communication and finance. If you know the technology community, then you know Yao-Hui Huang, founder of The Hatchery. Named as one of the top ten women in tech by Forbes, her “Are Your Serious” and “Hatch Match” events have helped countless start-ups raise capital and refine their business models.
“By adding the new location, we are expanding this community to enable The Hatchery to continue to help the growing number of technology start-ups in NYC. We are also introducing The Sweat Fund, which will expedite the growth of selected companies within The Hatchery community by helping new companies to expand revenue. With this space, our ability to positively impact new technology ventures is increased by volumes” says Yao.
The Hatchery is hosting events at the new space beginning this May. The space will be open in mid-June and is currently accepting applications for access to work space and to the community. Applications are being directed to http://www.500.hatchery.vc/ to apply.
“We have been receiving applications for about two weeks and we are happy to report that the space is filling quickly with much of it already reserved. We are accepting applications for companies in line with our core mission of success through collaboration. The response from the technology community is extremely exciting. The Hatchery is poised to be a great environment for start-ups and as well as being a positive force in the NYC technology community” says Jason Saltzman, Chief Operating Officer.
The Hatchery is a venture collaboration firm founded in 2007. The new 500 7th AVE space is funded by David Galanter, a veteran NYC commercial real estate attorney and technology investor. For general questions regarding the space please contact Jason Saltzman at Jason(at)hatchery(dot)vc . For press inquires please email press(at)hatchery(dot)vc