If you’re a budding startup with an innovative product, then congratulations. You have now joined the fray of young entrepreneurs who want to change the world around them. In order to do that though, you first need to start from somewhere, right? You need Office Space. This is literally and physically your starting point.
Many of you who know us may or may not know that ReadMe too, started off the same way. We were a bunch of 20-somethings who would work from home from the comfort of our beds. And it worked too, for a while. Sure, we could write articles upload photo albums but sooner or later, we found ourselves needing a physical location for us to gather and also for client meetings. This is where an office space comes into play.
Office spaces are essentially blocks of space that are given out on rent, much like a house or apartment is. The amenities of the office space can vary but usually, you would get utilities such as electricity and water. The only cons were that regardless of whether you use the office space or not, you’re still paying rent for it. This, in turn, can affect your companies cash flow negatively. Now, that problem is overcome by Office Sharing.
In very simple terms, office sharing is a concept which allows companies that own offices or office spaces to rent out unused office space to smaller companies looking for a flexible workspace. The office space can contain equipment such as PCs and Laptops, or can just be the literal office space.
All you need to do is maintain the minimum quote of hours that you need to be using the office space and you’re good to go. Some office sharing spaces are privately run for a profit, some are managed by universities, and others are run by local authorities or charities. Now you’re probably wondering where your nearest business hub or office space is. Fret not for we have a few places in mind.
Located in the Dematagoda, it’s pretty hard to miss Orion City. This multi building facility plays host to some of the key software development companies in Sri Lanka and also has its own collection of office spaces for rent or lease. Known as Colombo’s first IT Park, Orion City sprawls across 16 acres of land and currently has 550,000 sq. ft. of developed space, with 6,000 heads working out of the Park.
Orion CIty has three categories of rentable office space. They are NEST, Kitted Out and Warm Shell.
NEST is ideal for small scale startups and small operations to gain the momentum they need. It offers pay-per-seat facilities and a plug and play model. All you need to do is to literally walk in and start working. Kitted Out offers fully furnished office spaces for rental. So you can customize your space and all requirements such as server rooms, workstations, meetings & manager rooms along with all related cabling will be taken care of.
Warm shell is the largest, literally. It offers a large open floor plan. Renting out is done on a square foot bases and includes facilities such as AC, lighting and ceilings all installed. Apart from all these, the common amenities include central A/C, lighting and carpeting, internet and network connectivity, external security, cleaning and maintenance and janitorial & waste management. You also have a 24-hour help desk, and generator backup in the event of a power failure.
Since the needs and requirements of those looking for co-working spaces can differ, the best option is to either call the Orion City hotline on 9411 2 692255 or to drop them an email at [email protected]
Business Hubs has four centers. The first one is located in Nugegoda and has a capacity of 200 seats. The second Hub is in Kollupitiya (Colpetty) with a seating capacity of 62. The third is a mini-hub of 28 seats is located in Mount Lavinia. The buildings draw inspiration from the British underground by having the metro sign. Private offices are named after stations such as Waterloo, Wimbledon, Kensington, Knightsbridge.
In terms of cost, a monthly rental would be anywhere between LKR 12,000 to LKR 15,000 depending on the hub location. You will also be able to use all the facilities such as an air-conditioned office, free Wifi, unlimited tea, and coffee. You also don’t have to pay for utilities such as electricity either. If your work involves the use of a computer, they too are available at the rental fee of Rs. 5,000 per month.
You can also “hot-desk”. This is where multiple parties would use a single physical work location during different times of the day or week. This usually costs around LKR 1000 per 4-hour session or Rs. 10,000 per month for 20 sessions. Depending on your business or work preference, you can work for a couple of hours or an entire day between 9am and 6pm Here too you’re given access to free Wifi, air conditioning, and tea/coffee. The only drawback is that you are not able to use the facility on Poya and other public holidays.
Another popular office sharing platform is Regus. With regard to renting out office space, they have over 3000 locations globally and a number of offices across Sri Lanka as well. You can lease out office spaces on a daily, weekly, or yearly basis. The offices include amenities such as high-speed internet, office furniture, and utilities as well. For renting out office space, you can take your pick from the following:
In addition, Regus also offers features such as a virtual office and the renting out of meeting rooms. WIth a virtual office, you can establish your business anywhere in the world. To help you with that, Regus offers services such as call answering and mail handling. You also get your own business address at any Regus Business center located across the world.
You can also rent out one or more meeting rooms for presentations, interview, client pitches or anything else that your company might require. Services such as catering, coffee, and projection equipment are also provided. As pricing is subjected to change depending on the meeting room scenario (interviews, boardroom meetings, training rooms or conference rooms), you can call the Regus hotline on +94 117555050.
HUB9 is another option for space located in Park Gardens, Colombo. They offer co-working spaces with a variety of services such as a meeting room, kitchen and pantry facilities and even your own customized mailbox. If you don’t need an entire office space, you can hot-desk it as well.
Once you’re signed up with HUB9, you can access the space anytime you want with your access key card. The office spaces are equipped with SLT Fibre Optic connections so you can simply walk into your “office” and be connected straight away. If you need to print documents, Hub9 also has printing facilities as well. The company is currently out of co-working spaces and they are expanding to
The company is currently out of co-working spaces and they are setting up another space located at Fife Road In Colombo 05 within the coming days. If you are interested, you can contact Ramila (Community Manager) on +94772075686 or Charitha (Director) on +94777725755 for further details and pricing.
Located in Nugegoda, Agaya Holdings is a company primarily known for BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing). They also offer co-working spaces for startups, freelancers, and digital nomads. In terms of pricing, you’re looking at LKR 15,000/- per person per month. If it’s more than one person, then prices can be negotiated. Their facilities include a 2″x4″ Office table, 2x 13A power outlets, A/C, internet, tea/coffee, a lunchroom/pantry and also cleaning and maintenance services. You can contact them on +94777793700.
Likuid Spaces offers a rather uniquely curated space in central Colombo, and is primarily focused on building a thriving community in and around the space. They draw inspiration from coworking hubs like San Francisco, New York City, Istanbul, and Bali.
Likuid is currently working to roll out daily and weekly memberships. Their current monthly membership includes:
In addition, you also have 24-hour access to the space so you can come in and work at whatever time you like, In addition, if you’re looking to host a small gathering or party, Likuid Spaces also offers roof access where you can host events etc. Things to look out for in the near future include a rooftop event space hosting everything from startup events to musical performances, a streetside café, and a gallery featuring local artwork.
For further details, you can contact Likuid Spaces on +94769819764 or check out their Facebook page.
Located in Negombo, AIMS Smart Hub offers co-working spaces for startups, freelancers, and digital nomads. For a monthly rental of LKR 15,000/-, you would have your own office desk with accompanying power outlets, a meeting room, lunch room/kitchen and other amenities such as the Internet and A/C. You also get a consultation for branding and IP (Intellectual property) along with support with regard to company formation and legal matters. Unfortunately, there is no website associated with the company. However, you can contact them on +94 777669757 or +94 31-7388001/2.
These are some of the go-to places if you need some space to set up your own space. As we always say, make sure you know the exact specifics of the space you’re renting out and get everything down to the last detail documented. This makes it less hassling for both you and the space owner in the event of a dispute or some renewal is needed.
Do you know of any other office space sharing platforms? Have you used any of these services? Leave a comment in the section below.
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Seedstars, a global organization based in Switzerland promotes, connects and invests up to $1 million USD in emerging market startups through their exclusive startup competition held in over 60 countries.
Seedstars, a global organization based in Switzerland promotes, connects and invests up to $1 million USD in emerging market startups through their exclusive startup competition held in over 60 countries. Last year, we saw Seedstars come to Sri Lanka for the first time. LayUp was selected as the winner of the first Seedstars Colombo, which was held last year. LayUp then went onto represent Sri Lanka as a finalist at Seedstars Global. Eight startups will be competing at SeedStars Colombo 2017.
The winning startup will receive an all-expenses paid trip to both the Seedstars Asia Regional Summit in Bangkok. They’ll also win a trip to Switzerland to compete at the Seedstars Global Summit for equity investments of up to USD 1 million, and to meet with international mentors and investors.
(Thursday) 5:00 pm - 8:30 pm
MAS Innovation Center
#50 Foster Lane, Colombo
Mobile Application Security Beyond Compliance Speaker Christopher Stewart is an IT Infrastructure and Security Practitioner with over 11 years of experience including cyber defense and Governance & Audit areas. Here's your chance to
Mobile Application Security
Christopher Stewart is an IT Infrastructure and Security Practitioner with over 11 years of experience including cyber defense and Governance & Audit areas. Here’s your chance to catch Christopher’s session on Mobile Application Security: Beyond Compliance.
Sign up via Email [email protected] | Call us on 011 4713290
*Priced at Rs. 500 (free for CSSl members)
(Monday) 5:45 pm - 7:45 pm
Prof Stanley Wijesundera Mawatha, Colombo 00700
Startup weekend-Trincomalee Beach Calling entrepreneurs, Growth Hackers, Dreamers, Rain Makers and Startup Catalysts to change the world in 54 hours! Bring your creativity and skills and Join Startup Weekend Trincomalee
Startup weekend-Trincomalee Beach
Calling entrepreneurs, Growth Hackers, Dreamers, Rain Makers and Startup Catalysts to change the world in 54 hours! Bring your creativity and skills and Join Startup Weekend Trincomalee ,Friday 27th to Sunday 29st Octon,2017 at Trinco beach hotel, Trinco
What’s Startup Weekend, Anyway?
Startup Weekend is a global phenomenon – 54 hours of fast and furious prototype development through to exploring potential markets and pitching. It’s an unparalleled opportunity to build lasting relationships with co-founders; mentors, and investors.The real value comes from taking an idea from concept through to execution using Lean tactics and working under high pressure with the best startups.
Google for Entrepreneurs is the global partner for Techstars Startup Weekend Program, including Startup Weekend, Startup Next and Startup Digest. Google is a sponsor of Techstars Accelerator Programs. Techstars collaborates with the Google for Entrepreneurs campuses across the globe to support engagement with entrepreneurs everywhere.
What You Can Do?
In short, Startup Weekend shapes the lives of many people as a starting point as entrepreneurs and startup enthusiasts. Ultimately, it’s an amazing spring board to get started on something (a new business, career at a startup or great relationships).
Come pitch, join a team, iron out your business model, and build away! In just 54 hours teams will come together to create startups from scratch and learn about entrepreneurship in a hands-on and meaningful way. Developers, designers, business experts, and makers will come to build prototypes and launch startups that use hardware or software to interconnect us all and change the world.
WHO GOES TO STARTUP WEEKENDS?
Experienced business people or budding entrepreneurs, Creative designers, Coders, growth hackers who are looking for new ideas and wanting to challenge their skills – Startup Weekends are a fun and exciting way to to upskill and test yourself in the world of startups
WHAT DO YOU DO AT A STARTUP WEEKEND?
Starting from 6.30 PM on Friday registration will be done, Welcome speech, Dinner, Startup pitches ideas chosen and lasting teams formed. By late Friday night you’ll be on your way with goals set and roles assigned.
Saturday is all about validation – contacting potential customers and checking out if there is really a market for your idea – and reacting fast if you need to change. Meanwhile if you’re a developer or a designer you’ll be furiously building the product.
Sunday is about making it work and preparing for the final pitch to a panel of carefully chosen judges. Throughout the process mentors from all backgrounds will be on hand. (link to timetable)
WHAT HAPPENS AFTER
Celebrate! We’ll put in place a follow up event, and there will be other opportunities, including our Co-Starters program.
What is the benefit of attending Startup Weekend ?
Startup Weekends are all about learning through the act of creating. Don’t just listen to theory, build your own strategy and test it as you go. It’s like an MBA in a weekend.
2) Build your network:
This isn’t just a happy-hour. Startup Weekend attracts your community’s best makers and do-ers. By spending a weekend working to build scalable companies that solve real-world problems, you will build long-lasting relationships and possibly walk away with a job or a even an investor.
3) Co-Founder Dating:
We all know it’s not just about the idea – it’s about the team. Startup Weekend is hands down the best way to to find someone you can actually launch a startup with.
4) Learn a new skill:
Step outside of your comfort zone. With a whole weekend dedicated to letting your creative juices flow, Startup Weekends are prefect opportunities to work on a new platform, learn a new programming language, or just try something different.
5) Actually launch a business:
Over 36% of Startup Weekend startups are still going strong after 3 months. Roughly 80% of participants plan on continuing working with their team or startup after the weekend.
6) Get face time with thought leaders:
Local tech and startup leaders participate in Startup Weekends as mentors and judges. Get some one-on-one time with the movers and shakers in your community.
7) Save money & get stuff:
Startup Weekends cost $40 (less for students). Your ticket covers seven meals, snack, access to exclusive resources our global sponsors, and all the coffee you can drink.
8) Join a global community:
Join over 30,000 Startup Weekend alumni, all on a mission to change the world.
Facilities for the Attendees?
Mentors : Whether it’s growth, design, or prototype,you’ll find a mentor who can help
Free WIFI: You will Get Free WIFI Access from our Telecom Partner
Meals : Morning Refreshment Plus Lunch and Dinner
Community Perks and Discounts : Take advantage of perks and discounts offered to all Startup Weekend participants from the Global sponsors.
Much More: Whatever you are building, our sponsors and community have put together some fantastic resources to help you build your idea.
october 27 (Friday) - 29 (Sunday)
Trinco Beach Hotel
326,Dyke Street, Trincomalee