September 16, 2015
For three months, Arlington, VA will host a startup tech company as they launch their dream in the Washington, D.C. region.
Living and working in the Nation’s Capital region is a smart investment for any company – but in the midst of making your vision a viable business, funds can be tight. And locating in Arlington may not be part of your budget. Tech.Co has partnered with Arlington Economic Development to bring you news and stories from the Arlington tech and startup region.
Starting today, you can apply for the opportunity to live and work in Arlington for zero dollars with Arlington Economic Development (AED)’s Startup Arlington program, an initiative aimed at encouraging companies to consider starting up or locating a new office in Arlington, Virginia. Through Startup Arlington, one lucky startup will get the opportunity to receive three months of free office space (courtesy of Carr Workplaces) and free living space (courtesy of Residence Inn) in one of the country’s best cities for young entrepreneurs (placing first in a recent ranking by NerdWallet). Additionally, the winning startup will receive free legal advice from Arlington Law Group, public transportation funds to give them the ability to free explore the opportunities offered around the D.C. region (courtesy of Arlington Transportation Partners), gym memberships, and more.
“We talk with entrepreneurs outside the [D.C.-Maryland-Virginia metro region] and many just aren’t aware of the incredible opportunities and resources that exist in Arlington,” said Darren Stauffer, National Business Development Manager for Arlington Economic Development. “With Startup Arlington, we want to provide a low-risk opportunity for a business to give Arlington a try, and to continue growing as a company. Housing and work space, plus support from AED can help any startup enter the Washington, D.C. market and hit the ground running.”
This past June, the cybersecurity startup Distil Networks raised a whopping $21 million Series B round of funding from the likes of Bessemer Venture Partners, ff Venture Capital, Techstars and Brad Feld’s Foundry Group. Opower – one of the D.C. region’s most successful startups, which in 2014 went public – also hails from Arlington. Elsewhere in Arlington, VA, you’ll find similar stories of successful startups making significant strides in their respective industries.
A quick glance at AngelList and you’ll find that more than 100 startups and more than 9,000 investors are located within Arlington’s boundaries – and that obviously doesn’t include those companies and investors unlisted. Companies that choose to startup in Arlington can gain quick access to several resources unique to the Capital region, including the Defense Advanced Research Projects Agency (DARPA), the Pentagon, and the National Science Foundation (NSF). In recent years, the expansion of coworking spaces, accelerators, incubators, and maker spaces – from 1776 Crystal City and TechShop to Carr Workspaces and the upcoming WeWork/WeLive co-living facility – have transformed Arlington into one of the top areas for startup development.
To qualify for Startup Arlington, all applicants must be from outside the greater Capital region and must be a founder and/or CEO of a technology-based company. According to AED, applicants will be selected on criteria ranging from how the company would benefit from being located in Arlington to a company’s scalability and business plan. “We’re looking for really unique ideas,” said Stauffer, “because Arlington is the place where some of the world’s most unique and game-changing technologies were born. Voice recognition software, GPS, and the Internet were created right here in Arlington. We can’t wait to see what’s next.”
Applications for Startup Arlington will be accepted for four weeks beginning September 16. Head here to learn more about Startup Arlington and to apply.
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