Seed Spot Incubator Expands to 14,000 Square Feet
Last night, Seed Spot held an open house to show off their new office space on the southwest corner of Thomas Rd. and Central Ave. in downtown Phoenix. With 14,000 total square feet of developed space, Seed Spot takes up the entire 7th floor of the recently renovated building and is prepared for growth.
Co-founders Courtney Klein Johnson and Chris Petroff started the company in 2011 as a way to encourage and support social entrepreneurs. Those interested in building their startup in Phoenix began to apply in July 2012 for the first incubator cycle. The outcome resulted in 16 companies in the Venture Program and 40 in the Evening Program. Since then, Seed Spot has grown their network immensely and is now accepting applications for their Fall Incubation Program, which are due on July 31, 2013.
Courtney commented, “Tonight has been excellent. We’ve had potential corporation partnerships, potential mentors, and more. The goal of tonight was to gather the community and generate excitement for our program and we’ve done that.”
Though parts of the space are still under construction, the new location will provide office space for incubator companies in the near future. Companies are eligible to apply if they “demonstrate social impact, prove customer validation, showcase a strong revenue model, and are generating less than $250,000 in annual revenue,” and reside in Arizona. Past Seed Spot alumni ventures include eMoneyPool, brettaprroved, Theraspecs, and more.
One guest, Marshall Shore, better known as Arizona’s official, unofficial, “Hip Historian,” said, “The space is great. It’s got amazing views of other entrepreneurs that became something else. That’s what’s made the valley so great.” For more information on Seed Spot, click here.