Palm Beach Tech Association Awarded $150,000

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Joe Russo of Palm Beach Tech, accepts check from Mayor Jeri Muoio.

(This item, courtesy of The Palm Beach Tech Association.)

The Palm Beach Tech Association has been awarded $150,000 to open a collaborative workspace for emerging entrepreneurs and early-stage startups in downtown West Palm Beach.

The award included a $100,000 grant from the Knight Foundation, $25,000 from the city’s downtown Community Redevelopment Agency and $25,000 from several private companies including Achieve.
“This innovative project is a great example of how the City of West Palm Beach is not only open FOR business, but it is open TO business as well. Our entrepreneur class is quickly becoming a cornerstone of our growing business economy,” Mayor Jeri Muoio said.
The Palm Beach Tech Space is currently operating in its soft opening with options for part-time, full-time and 24/7 access. There will also be dedicated desks, private offices and perks like discounts at local
businesses and free in-house Subculture Coffee.

“This is a great opportunity for entrepreneurs,” said Clay Williams, CEO of Achieve and Palm Beach Tech Board Member. “The workspace offers everything a start-up needs, and this collaborative environment will ultimately result in greater and more innovative ideas.”