Edison Spaces Jumpstart grant program is pleased to announce its first two recipients, PreScreend and Foothold Labs.
PreScreend is a leading provider of on-demand background screening, due diligence, and investigative services.
Foothold Labs works with best in class partners to develop Lab-On-A-Chip technology for law enforcement, security, and military applications.
"We're thrilled to be officing at Edison Spaces. Before, we were in an open co-working environment that wasn't ideal for high volume sales calls and team meetings. For young companies, experiencing rapid growth, it's great to have a home to call our own. Jumpstart is a valuable resource and has really helped us scale." said Dustin Abercrombie, Founder, PreScreend.
Adds, Sean Mclntosh, Founder, Foothold Labs,"Its helped to legitimize our business and we get to take advantage of private office space with amazing amenities in a sophisticated environment."
Both companies qualified for Edison Spaces Jumpstart's three month of free office space, a value of more than $6600, because they met the requirements of being founded within the past six to 24 months, have teams of two to eight people, and have secured or plan to secure seed funding within six moths of applying.
Edison Spaces provides flexible, fully-furnished, private office space with month-to-month lease options. Because of their business model, the company typically has 10 to 15 percent of its space available at any given time and wanted to leverage that available space by giving back to entrepreneurs breaking into the market.
"Ultimately, we know the challenges entrepreneurs fave when starting a business, because we ourselves faced these challenges. We always say Edison Spaces was built by entrepreneurs, for entrepreneurs and the Jumpstart program is our way of giving dynamic small businesses a leg up into office space, "Matt Druten, Edison Spaces CEO and co-founder.
The Jumpstart program will be ongoing and will accept starts meeting its criteria as long as space is available. Edison Spaces was founded on the belief that dedicated office space is better suited to deep work and can give startups their own identity, boost productivity and catapult growth.
For more information, visit www.edisonspaces.com/jumpstart.