Also making news: Tigerlabs in downtown Princeton: Part mentoring center, part business accelerator, “Tigerlabs provides office space and services to aspiring entrepreneurs,” says Trish Ryan, Director of Business Development. “But what we really offer is an open community where like-minded people collaborate and get help.” And, get access to funding through its Accelerator Program investing in early stage software companies across a broad range of sectors including digital health, financial services, education and the internet of things.
Among its success stories: SocialBlood, connecting blood donors and recipients online. Founder Karthik Naralasetty’s initial goal was to create a social space for potential blood donors and recipients to meet. Today, that has grown to build the largest network of voluntary donors worldwide, drawing the attention of Facebook executives who incorporated the platform into their Internet.org initiative.
Another alumnus: Life.io, originally based in Colorado before relocating locally and expanding its business through the Tigerlabs Accelerator program. The workplace wellness company has continued to attract investors, recently closing on a $1.5 million round of funding.
Tigerlabs is more than networking, Ryan adds. “It’s co-working. In an atmosphere that’s energizing.” Entrepreneurs who’ve launched businesses there praise its motivating environment. They also like its flexible pricing structure, starting at $30 a day for “Mobile Pros” seeking 9-to-5 access with the use of open space, wi-fi, printers, and kitchenette. Full membership includes 24/7 access, a dedicated desk, conference room hours, and a Princeton mailing address. Monthly meet-ups are quite popular too, bringing in guest speakers, investors, and tech leaders sharing their knowledge.
“That’s where the collaborative advantages kick in,” says Partner and Program Director James Smits. “We provide a mix of seed capital, mentorship, design services, educational workshops, and a shared hackspace.” With the emphasis on sharing. “Everyone is willing to help,” he adds. “Instead of secrecy and competitiveness, our members are eager to inspire each other.”
Inspired to learn more? Visit tigerlabs.co, or call 609-285-3420.