LaunchVT Connector

The Space On Main has been added to LaunchVT‘s Connector directory, an epically cool resource that filters organizations by the resource they provide to businesses. Check it out! https://connector.launchvt.com

The Stats on Co-working Spaces Are Even Better Than What They Seem. Co-working spaces are creating prosperity for many more people than the entrepreneurs renting offices.

Co-working is often considered a millennial venture — strictly for those who are young, starting out and crave the unstructured work environment.

While co-working may have begun in this demographic, this is less and less true as co-working becomes increasingly popular. All kinds of workers are realizing they can have a flexible and diverse working environment without sacrificing the professionalism of the office.

As someone who has been in the game for a while now — we opened our first co-working space in 2010 — I have seen the change firsthand.

Each year, we survey our members to find out how we’re doing — and how they’re doing. This year’s survey came back with a clear message about the health of the co-working community. In short, co-working spaces are proving to be economic engines that produce prosperity for owners, employees and service providers alike. Below are some recent findings that shatter the perceptions of co-working spaces.

Not just for solo artists.
More and more, co-working is becoming group-oriented. It is a common misperception that co-working spaces are filled with solo entrepreneurs desperate for some social interaction. Our most recent member survey demonstrated that this is definitely not the case. Of those surveyed:

  • Only 50 percent self-identified as individual workers (consultants, freelancers, or telecommuters)
  • 40 percent categorized themselves as employees (people who work for an employer at a coworking space)
  • 10 percent classified themselves as employers (business owners or business unit managers who had employees)

Co-workers are thriving and hiring.
Another co-working myth is that co-working members are small operations who intend to stay that way. Reality? Co-working spaces act as accelerators for business growth. The constant interaction with outside companies allows for natural networking opportunities, helping businesses find new clients, customers, talent and collaboration opportunities that fast-track growth. Out of our survey respondents, roughly 3/4 of employers and 1/3 of individuals expect to add new employees in 2018.

  • 40 percent expect to hire 1 to 2 people
  • 27 percent expect to hire 3 to 5 people
  • 10 percent expect to hire 6 or more people

Co-working members are big spenders.
Co-working members contribute significantly to their local and regional economies by spending on business services internally with other members and with local restaurants and other businesses. At Fueled Collective specifically, nearly 40 percent of employer members reported spending money (cash or barter) in 2017 with other Fueled Collective members for services, with a median transaction amount of $5,000 to $9,999. Employers spent more money with companies outside of Fueled Collective, with a median spend of $50,000 to $99,999. More than 1/3 spent more than $100,000. Individual members also have an economic impact. More than 1/4 (29 percent) of them reported spending money (cash or barter) in 2017 with other Fueled Collective members for services, with a median transaction amount of $1,000 to $4,999.

Age of business.
As mentioned before, co-working is not just for the fresh-faced startup, as is a common perception. Members often include a considerable portion of experienced business owners. From our survey, among employer respondents:

  • 38 percent reported being in business for 3 to 5 years
  • Nearly 1/4 of employer respondents and 28 percent of individual respondents reported being in business for more than 10 years
  • Only 12 percent of employer and individual respondents report being in business for 1 year or less

Enterprise is making a showing in co-working.
Larger corporations are increasingly making use of co-working. Gone are the days of co-working spaces filled with companies you have never heard of. Corporations have been finding value in co-working spaces for different reasons, including improving recruitment efforts, lowering real estate costs, gaining flexibility and boosting employee satisfaction.


Article featured in Entrepreneur (https://www.entrepreneur.com/article/314191)
By Don Ball, Co-Founder and Chief Social Officer of Fueled Collective

Vermont Community Foundation

The Space On Main is pleased to announce it has received an $8,000 grant from Arthur L. & Frances P. Hyde Fund (via Vermont Community Foundation). This donation has enabled The Space On Main to move ahead with buildout and construction of its future home which serves to ensure prosperity of Bradford and the greater Cohase Region.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space would not have been possible without the Arthur L. & Frances P. Hyde Fund’s support.”

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as the Arthur L. & Frances P. Hyde Fund to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.

Vermont Community Foundation

The Space On Main is pleased to announce it has received a $25,000 opportunity grant from Vermont Community Foundation. This donation has enabled The Space On Main to move ahead with buildout and construction of its future home which serves to ensure prosperity of Bradford and the greater Cohase Region.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space would not have been possible without Vermont Community Foundation’s support.”

The Vermont Community Foundation inspires giving and brings people and resources together to make a difference in Vermont. A family of hundreds of funds and foundations, we provide the advice, investment vehicles, and back-office expertise that make it easy for the people who care about Vermont to find and fund the causes they love. The heart of the Vermont Community Foundation’s work is closing the opportunity gap—the divide that leaves too many Vermonters struggling to get ahead, no matter how hard they work. They are aligning our time, energy, and discretionary resources on efforts that provide access to early care and learning, pathways to college and career training, support for youth and families, and community and economic vitality. They envision Vermont at its best—where everyone has the opportunity to build a bright, secure future.

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as Vermont Community Foundation to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

About Vermont Community Foundation (vermontcf.org)
The Vermont Community Foundation was established in 1986 as a permanent source of support for the state. They are a family of hundreds of funds and foundations created by Vermonters to serve their charitable goals. We provide the advice, investment vehicles, and back-office expertise to make your giving easy and inspiring. Together, their funds and programs provide more than $12 million a year in grants in Vermont and beyond.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.

Newsletter

Phew! Translation: This thing is actually going to happen, people!
The Space On Main went from a dream; to a discussion; to a collaboration with people from all over Vermont and New Hampshire; to a nonprofit with a kickass board; to being propped up by so many amazing mentors; to being a series of lessons in fundraising, finance, construction, community development, networking, (the list goes on).

And by the end of Summer 2018, it will be a place where people go to work, to network, to learn, to teach, to collaborate, etc.

It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is our goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

Visit thespaceonmain.org for more information.

Where We’re At
With recent donation and grant confirmations, we’re at $80,000 of our $100,000 launch goal. While we are still piecing together the rest, it looks like we have enough to move forward with construction, IT, security, software, furniture, and all of that good build-out stuff.

Where We’ve Been

  • WIN 2016: An idea was shared and The Space was born.
  • JAN 2017: The Space On Main, Inc. was officially incorporated.
  • SPR 2017: I attended the Global Coworking Conference in NYC and toured coworking and makerspaces all over VT and NH.
  • JUL 2017: The Space On Main received 501(c)(3) tax exempt status.
  • DEC 2017: We sent our first appeal letter which resulted in a $5,000 donation and a matching challenge of $20,000 from The Jack & Dorothy Byrne Foundation. (Which resulted in, “This might just work.”)
  • SPR 2018: We dove into outreach, floor layouts, fundraising, budgets, construction estimates, Fiber pricing, received several more grants, etc. (read: learned a bunch of new skills and met lots of awesome people).
  • JUN 2017: We received a $25,000 Regional & Local Impact Opportunity Grant from Vermont Community Foundation as well as other generous funds from local donors, like you!

Upcoming Events: Business After Hours (July 18th 5:30-7:00pm)
Cohase Chamber of Commerce & Cohase Rotary Club are hosting a MEMBERS ONLY Business After Hours event (read: Happy Hour). This invitation is extended to anyone who applies for monthly membership to The Space. Head over to the site and fill out the application.

Kickstarter Campaign
Keep an eye out for our upcoming Kickstarter campaign. We are working with Tim Swaan of Cygnus Productions on the video and with area vendors for the various gift tiers. This will include swag, membership vouchers, VIP Launch Party tickets, exclusive private events, and more.

Opening Details
Right now *knock on wood*, we’re looking at a soft-opening for members by the end of August, followed by a VIP Launch Party and Grand Opening in early September. Keep an eye on emails and social media (FBTwitter).

Apply for Membership
If you plan on being a monthly member, head to our site and fill out the application. No payment will be collected at this time (we’ll talk it over, sign an agreement, etc. before you’re ever charged).
Membership is not required for people who plan on renting rooms for events/classes, for people who opt just to pay for day passes, or for attendees of classes/events.

Teach Classes / Host Events – Let Us Know!
Are you planning to rent The Space’s classroom or conference room for classes and events? Or, are you hoping to volunteer your time and talents to teach classes to community members? We’ve set up an Instructor / Space Reservation form for you. You do not need to know specific dates at this time… it’s just to help us gather information and to coordinate a meeting with you.

Want to chat? Or a tour?
I am always happy to grab coffee and/or schedule a tour with interested members, instructors, community organizations, sponsors, donors, etc. Send an email, text 802-449-MAIN (6246), or reach out through Facebook.

Donate / Sponsor
Yes, we still need money… for the foreseeable future. You can make a general donation, set up a time to discuss sponsorship possibilities, or even drop me a tip about grant opportunities. As always, I would be happy to sit down with you to discuss any and all options.

Thank you so much for all or your support. More updates soon!

Monique Priestley
President & Founder, The Space On Main
thespaceonmain@gmail.com | 802-449-MAIN (6246)
Personal cell: (802) 222-1909

Made possible with crazy amounts of support from all of you as well as the following organizations:

Sponsors


To see the pretty MailChimp version: https://mailchi.mp/412c2381a5e3/space-on-main-update-0618

This week we received confirmation of an additional $33,000 of funds committed to The Space On Main! With this, we have edged over 80% of our launch goal with no signs of letting up anytime soon! A HUGE thank you to everyone who has donated so far. And special thanks to our major contributors: The Vermont Community Foundation, The Jack & Dorothy Byrne Foundation, The Couch Family Foundation, Hypertherm HOPE Foundation, Odell Insurance AgencyCo-operative Insurance CompaniesWoodsville Guaranty Savings Bank, and Wells River Savings Bank. Visit https://buff.ly/2JMsT2i for more information. If you haven’t jumped on to the newsletter list, do so now, ’cause there are special announcements headed out soon!

The Space On Main is pleased to announce it has received a $3,000 donation from Wells River Savings Bank to be paid in $1,000 payments over the next three years. This donation will be used for buildout and construction of The Space On Main’s future home which serves to ensure prosperity of Bradford and the greater Cohase Region of Vermont and New Hampshire.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space will not be possible without the support of amazing organizations such as Wells River Savings Bank.”

Frank Tilghman, CEO of Wells River Savings Bank wrote: “We are very impressed with the idea of Space on Main, Inc. It is the perfect approach to the revitalization of our villages. Hopefully, we can inspire our other villages to offer the same facilities and vision. Our area needs an economic jolt, and Space on Main will deliver. We are proud to pledge $3,000, with $1,000 for this year, and $1,000 each for the next two years. Again, we applaud your efforts at community development.”

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as Wells River Savings Bank to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

About Wells River Savings Bank (wellsriversavings.com)
In 1988, Wells River Savings Bank opened its first branch office, in Bradford. It continued south, with a new office in Fairlee in 1999, Newbury in 2006, and East Thetford in 2008. It is proud of its mutual bank heritage. It is owned by its depositors, so its profits stay here to help build its communities. Its mission remains consistent with the vision of its founders in 1833 and 1892, to make its communities better places to live, work, and raise families.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.

The Space On Main is pleased to announce it has received a $2,500 donation from Woodsville Guaranty Savings Bank. This donation will be used for buildout and construction of The Space On Main’s future home which serves to ensure prosperity of Bradford and the greater Cohase Region of Vermont and New Hampshire.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space will not be possible without the support of amazing organizations such as Woodsville Guaranty Savings Bank.”

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as Woodsville Guaranty Savings Bank to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

About Woodsville Guaranty Savings Bank (theguarantybank.com)
Woodsville Guaranty Savings Bank is the wholly-owned subsidiary of Guaranty Bancorp, Inc., a registered bank holding company incorporated in 1889 under the laws of the State of New Hampshire. Offices of Guaranty Bancorp, Inc. are located at the H.J. Graham Operations Center in Woodsville, New Hampshire.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.

The Space On Main is pleased to announce it has received a $1,000 grant from The Hypertherm HOPE Foundation. This grant will be used for buildout and construction of The Space On Main’s future home which serves to ensure prosperity of Bradford and the greater Upper Valley.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space will not be possible without the support of amazing organizations such as The Hypertherm HOPE Foundation.”

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as The Hypertherm HOPE Foundation to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

About The Hypertherm HOPE Foundation (hypertherm.com)
The Hypertherm Owners’ Philanthropic Endeavors (HOPE) Foundation was founded in 2010 as a public grant-making non-profit 501(c) 3 foundation to formalize the U.S.-based financial giving they had been doing for decades across a handful of focus areas. A dozen volunteer Hypertherm Associates, representing a cross-section of areas within their company, comprise the HOPE Team and make all grant allocation decisions on behalf of the Foundation. They have similar shared decision-making HOPE teams in all their regional offices, each serving their respective communities. The HOPE Teams have awarded millions of dollars in grant support to hundreds of nonprofit organizations working on their shared mission of creating sustainable, positive change in the community and environment.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.

The Space On Main is pleased to announce it has received a $5,000 grant from The Couch Family Foundation. This grant will be used for buildout and construction of The Space On Main’s future home which serves to ensure prosperity of Bradford and the greater Upper Valley.

The Space On Main is currently working to complete the rehabilitation and conversion of a much-loved historic building on Main Street in Bradford, Vermont that once held a “five and dime” store into a modern multipurpose community facility providing rooms of varying sizes and purposes designed to host coworking (office sharing), community networking events, hands-on Maker projects, conferences, meetings, training programs, social events, as well as educational classes for all demographics. Monique Priestley, President & Founder of The Space On Main said: “I started my research for what would soon be known as The Space by visiting with community members in local coffee shops, restaurants, workshops, and at their dining tables. People move here to get away from the city, for work, for a spouse’s work, or to help family. They are nervous about living here. They are struggling with slow internet speeds, a lack of networking opportunities, and a feeling of being disconnected. The Space will address these needs, fill our Main Street gap, and weave a network of partnerships throughout the region. The opening of The Space will not be possible without the support of amazing organizations such as The Couch Family Foundation.”

About The Space On Main (thespaceonmain.org)
The Space On Main is a 501(c)(3) nonprofit organization and relies upon the generous support of individuals, philanthropic organizations, and businesses such as The Couch Family Foundation to provide their services. It is the mission of The Space on Main to foster entrepreneurship, innovation, the arts, education, health, and recreation in order to increase opportunity for personal and collective growth in the Cohase Region of Vermont and New Hampshire by providing a creative facility with access to affordable equipment, work spaces, and classes. It is The Space On Main’s goal to ensure prosperity of our community by leveraging talent in the region by creating pathways to outside individuals, services, and technologies.

About The Couch Family Foundation (couchfoundation.org)
The mission of the Couch Family Foundation is to create and support quality opportunities for children and families to learn and thrive so that they develop healthy, fulfilling lives. The Couch Family Foundation partners with nonprofit organizations operating in and serving northern New England, with an emphasis placed on organizations in the Upper Valley Region of New Hampshire and Vermont. Funding priorities include education with a special interest in early childhood.

For more information, please contact The Space On Main at (802) 449-MAIN (6246) or on the web at thespaceonmain.org.