I have spent some time lately with my colleague Andris Berzins and we both share the passion not only for our own companies and startups but about leaving a legacy of helping the region develo further. We both see startup development about a key feature for new generations to break the income gap and to develop international opportunities from RIga and Vilnius. Myself with a number of other people put together StartupHighway (demo day already next Friday 16th at 1230), today I am introducing to you TechHub Riga, Andris (and a bunch of his partners) new venture
TechHub Riga is the first international expansion location for TechHub, the successful London initiative that offers product-‐oriented technology start-‐ups with a dedicated co-‐working space, community gathering point and international network for driving entrepreneurial success. TechHub Riga is a non-‐profit organisation operating under franchise from TechHub and is funded by membership fees and sponsorship. Our goal is to promote and support entrepreneurship and innovation in new technology development for global markets.
Facility and operations
TechHub Riga will be based in 400 square meters of Class A office space in the center of Riga, at Citadeles iela 12. In the same way as TechHub London, the open plan space will include permanent desks for resident start-‐ups, a ‘drop-‐in’ working space for annual members requiring an occasional space to touch down in and a plenty of space to hold start-‐up and technology events. TechHub Riga will be outfitted with fast Internet access and Wi-‐Fi service.
The location will become the center of start-‐up and technology events in Riga. Open Coffee Club Riga, an organisation with over 350 members, will now become TechHub Riga Meetup and will meet at TechHub Riga once per month as before. Pitch events such as StartupSauna Riga Warmup and LABACA Academy will be held there, as will hackathons, for example Garage48. In addition, technology meetups will be invited to move to the space, and a range of visiting speakers from the UK, elsewhere in Europe and Silicon Valley will come to TechHub Riga to bring new insights and contacts for members.
Membership to TechHub Riga is open to product-‐oriented technology start-‐ups, with an application form available on the TechHub website. Membership is available in three forms:
• Resident Members: €80 per month. Residents have 24/7, 7 day-‐a-‐week access to the Citadeles iela working space, with a dedicated desk. Includes entry to all TechHub Riga events free of charge as well as global online community membership. Also includes use of other TechHub locations free of charge. A special 50% discount will be offered to a select group of unfunded start-‐ups for up to a one-‐year period, with the goal of ensuring that the best new ideas are based at TechHub Riga. Terms are flexible to suit start-‐up needs: minimum membership is three months and thereafter members can leave with just one month’s notice.
• Annual Members: €360 per year. Membership is for one named individual. Includes “drop-‐in” usage of the Citadeles iela facility and membership of the global online network. Includes free access to member-‐only networking and other events. Discounted entry to any TechHub Riga event charging a fee. Includes up to 12 days per year ‘drop-‐in’ usage of other TechHub facilities during 2012 at no additional cost.
• Founder Members: €720 for three years. Until the formal launch of TechHub Riga, we are making available a limited number of Founder Memberships, which provide three years of annual membership benefits for the price of two. TechHub Riga will accept applications starting immediately and is looking for supporters of the new facility and to recruit key members of the community (select exceptions to the product-‐oriented start-‐up rule will be made for founding members). All Founder Members will be invited to the official launch party in February 2012 and will be specially recognised as contributors to the foundation of TechHub Riga.