New Co-Working Space May Help Get Your Business Off the Ground

By Megan Carpenter |

Published 05/19 2014 05:39PM

Updated 05/19 2014 06:21PM

BURLINGTON, Vt. - Do you or someone you know have an idea for a new business venture, but can't seem to find the resources to get it off the ground? Well, you might be in luck.  

"I'm excited to be walking around meeting people who do things similar to what we do and letting that be a thriving environment for us and for others," Entrepreneur Marguerite Dibble said. 

Dibble runs Birnum Wood Games in downtown Burlington, a video game app developer and consulting company. She's ready to move her business to VCET @ BTV, a new co-working space meant to help entrepreneurs succeed. 

VCET, Which stands for Vermont Center for Emerging Technologies, is something city and state leaders applaud.

"The technological economy, the digital economy that's where it's at," Rep. Peter Welch (D-Vt). said. 

"To help innovation and new jobs and new companies get started by having a collaborative place inexpensively, with the networks to  make their dreams into jobs," Gov. Peter Shumlin said. 

Fairpoint Communications is partnering with VCET, donating about 11,000 square feet of space in their building at 266 Main Street. It even includes free high speed Internet for users. 

"I hope the next billion dollars company comes out of this location," David Bradbury, VCET President, said. 

We can't show you the space while it's under construction, but we can show you VECTs original spot at the University of Vermont. 

Bradbury says they'll not only manage the new space, but also connect entrepreneurs with mentors and financial resources.

"Having an excuse having a location we can all get together in and share our resources is so important," Dibble said. "I might meet someone in the kitchen who needs an app."

The new tech hub is expected to be open next July or August. The price to use the space could be as low as $150 per person. 

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