Cospace partners with Capital Factory to serve Entrepreneurs in Downtown Austin

June 7, 2012 ( Austin, TX ) – Entrepreneurship took a leap forward today in Austin, Texas with the announcement by Cospace (http://cospace.co) of their partnership with Capital Factory, a leading startup accelerator, to manage a new facility in downtown Austin. Cospace recently reached an agreement with Capital Factory to manage operations and provide classes and events for Austin's tech and entrepreneurship scene.

According to Kirtus Dixon, Co-founder of Cospace, "We are excited to partner with Capital Factory to support the goal of furthering entrepreneurship in Austin. At Cospace, we believe that 'Entrepreneurs Live and Work Everywhere' and creating a hub of activity in downtown Austin will ignite the downtown economy and give startups and entrepreneurs the resources they need to build amazing businesses in Austin."

Coworking is a shared working environment catering to entrepreneurs, small business owners, and freelance professionals. Private offices, an open work space, and office amenities enable collaboration impossible in corporate offices, coffee shops, or home offices. Via the partnership, Cospace and Capital Factory will take coworking to the next level, ensuring that startups have the space and resources they need to grow.

Cospace, known in Austin as the home to entrepreneurs focused on Lean business and product development, is a collaborative business community that has supported nearly two dozen startups, facilitated the launch of more than 50 products, and hosted over 1500 students through classes in technology and entrepreneurship. Cospace has reached more than 5000 entrepreneurs and professionals throughout the Austin community with affordable workspace solutions and meeting space, highly accessible event space, and classes and programs to help entrepreneurs build businesses.

"Today more than ever, executing on ideas is key to success," said Dixon. "Cospace increases your odds of success by bringing critical elements together: space, people, education, and resources."

Learn more about Cospace at http://cospace.co