HQ is expanding to Charlotte!

February 15, 2016 9:48 AM

Nation’s First Statewide, Private Entrepreneurial Network Develops across NC
HQ Raleigh and Packard Place Join Forces to Catalyze Regional Economic Development
 
HQ Raleigh and Packard Place announced Friday the nation’s first-ever statewide, privately held collaboration to develop a regional entrepreneurial ecosystem. The two groups will partner to open HQ Charlotte, an entrepreneurial co-working community in the heart of Uptown Charlotte, and one of three HQ locations across North Carolina. The opening of HQ Charlotte marks a strategic coordination of efforts led by entrepreneurs, for entrepreneurs, and will serve as a new place-based economic development model for other states or private entities. 
 
Through this partnership, HQ will bring its proven co-working, community building, and impact-driven model to the existing 88,993 square foot space at Packard Place.  This includes redesigning the environment to look and function like the successful models at HQ’s flagship location in Raleigh and its first expansion space in Greensboro, and implementing B Corps practices and programming to support inclusive entrepreneurship. 
 
Packard Place will provide the invaluable resources and local community leadership necessary to assist high-growth, high-impact startups housed at HQ Charlotte. Packard Place hosts the Charlotte Entrepreneurial Alliance, is home to four national entrepreneurial incubators and two global accelerator programs, QCFinTech and RevTech Labs, and is partners with key entrepreneurship supporters including the Charlotte Chamber and Charlotte Angel Fund.
 
This statewide expansion brings the HQ footprint to over 123,000 square feet across the Triangle, Triad, and Charlotte areas, with an additional 43,000 square feet when HQ Raleigh opens a new building and expansion space in 2017. It also brings the HQ membership base to over 300 startups, a number anticipated to nearly triple as HQ looks to build inclusive entrepreneurial communities across the Southeast over the next three years. The unique statewide network will bring a new level of entrepreneurial density and connectivity to North Carolina while providing entrepreneurs with greater opportunity to scale their ventures. It also serves as a strong economic catalyst for our state - driving economic growth in our cities, increasing our region’s ability to attract and retain talent, and attracting new investment capital.
 
A soft opening is planned for February 18, and much of the redesign will be completed by early spring. To find out more, please visit www.hq.community or contact Allyson Sutton at asutton@hqraleigh.com.  

Supporting Quotes:
Christopher Gergen, Founding Partner of HQ -- “We’re thrilled to be building this network across North Carolina to help catalyze community and economic development and position our state as a true hub of innovation and entrepreneurship.” 

Jason Widen, Founding Partner of HQ -- “This partnership will enable us to provide even greater value to our network of members and sponsors. We’re creating statewide connectivity, energy, and opportunity for our entrepreneurial members and their supporters.”  

Dan Roselli, Co-Founder of Packard Place -- "This isn't just important for Raleigh and Charlotte, this is important for North Carolina. This partnership proves that North Carolina is leading the thinking in our country on how to innovate and collaborate, giving our State and its entrepreneurs a significant competitive advantage"

Thom Rhue, incoming President and CEO of NC IDEA -- "This is a great example of regional collaboration that will help everyone be stronger together than working independently. We are thrilled by this announcement, and expect great synergies to come from it.” 

Raj Naik, General Manager, Uber North Carolina -- “As a company devoted to innovation, Uber congratulates Packard Place and HQ on their partnership. It will expand the startup ecosystems in both cities leading to more opportunities for synergies and success. Uber looks forward to participating in events at both locations and helping growing startups get to where they’re going.”

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About HQ Raleigh:
HQ Raleigh is a 20,000 square foot shared workspace located in Downtown Raleigh’s Warehouse District, on a mission to foster inclusive communities of entrepreneurs who create lasting economic and social impact. HQ Raleigh addresses two challenges faced by entrepreneurs: building a trusted support community and gaining access to flexible, affordable office space. The space is currently home to over 140 companies and is set to triple its footprint by early 2017. To learn more, please visit http://hqraleigh.com/.

About Packard Place: 
Packard Place is a hub for entrepreneurship and innovation in Charlotte. The mission is to develop fast-growth businesses and the professional community to drive them. Packard Place was established in 2011 with the goal of building community, entrepreneurialism and innovation in Charlotte. For more information, visit http://packard.place. 

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