California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

NextSpace Working + Innovation officially launched its company by opening the
doors to a co working space with over 10,000 square feet of office, workstation
and cafe facilities in Santa Cruz. Additional service offerings include NextSpace
membership in a community of new economy companies and thought leaders, as
well as business formation consulting and capital investment.

NextSpace is optimized for entrepreneurs, innovators, designers, developers, strategists,
mentors and investors of early stage companies who see value in partnering or proximity
to others in a professional and creative setting. Designed for business owners, freelancers
and remote workers, NextSpace is offering the country's largest co working space to locals
and commuters alike.

Santa Cruz Mayor Ryan Coonerty, former Economic Development Manager Jeremy Neuner,
and attorney Caleb Baskin founded NextSpace in response to growing interest from early
stage companies and business leaders.

According to Jeremy Neuner, president of NextSpace, "We are creating a community of
innovators and providing them the tools they need to make their ideas fly. We catalyze
local talent, local ideas, and local capital to create products, services, and solutions for
the global marketplace." Cafe, carrel and office memberships range from drop-in use of
cafe space and WiFi, work station, or private offices -- each level including full co working
benefits that include access to phone rooms, project rooms, conference space, and office
services. Pricing ranges from $175 per month to $1500 for the corner office.

I am Tim Johnson and this has been the California Business Minute.