Percolator and Bloom have launched the Startup Stability Program, a nonprofit initiative funded by GO Virginia, aimed at aiding 30 entrepreneurs in Hampton Roads to develop their startups. The program, open to startups in any stage earning less than $75k annually in various target industries, offers a 12-week accelerator program, free and subsidized rent at Bloom in Portsmouth or Percolator in Norfolk, and expert advice from industry leaders. Participants also benefit from subsidized office space, individualized support, and the opportunity to join a collaborative community and grow their professional network. Applications are open until May 30, 2021, with a sign-up deadline of May 15, 2021 to secure a spot.

Introduction

Co-working Revolution in Hampton Roads Startup Stability Program Join Virginia Community.

Percolator and Bloom announced the launch of the Startup Stability Program at Bloom Coworking in Portsmouth & Percolator in Norfolk. This is an opportunity for members of the 757 entrepreneurial community to help grow their business with access to subsidized co-working space and educational & mentorship services provided by Black BRAND, B-Force Accelerator, and the Portsmouth Partnership.

What is the Startup Stability Program?

  • The Startup Stability Program (SSP) is a GO Virginia funded nonprofit program designed to help 30 entrepreneurs in Hampton Roads grow their startup business.

Who should apply:

  • A startup in any stage. Must have an annual personal income under $75k and must fit in one of the provided target industries.

Target industries:

  • Business Services
  • Ship repair/Ship building
  • Life sciences
  • Tourism & Recreation
  • Water technologies
  • Unmanned Systems & Aerospace
  • Advanced Manufacturing
  • Port Operations/Logistics & Warehousing
  • Cyber Security/Data Analytics/Modeling/Simulation

What you get:

  • Participants will complete a 12-week accelerator program, receive free and subsidized rent at Bloom in Portsmouth or Percolator in Norfolk, and expert guidance from industry leaders to establish and grow a profitable, investor-ready business.

Program benefits:

  • Subsidized Office Space
  • Expert Guidance
  • 12-week business accelerator
  • Grow your professional network
  • Individualized support
  • Join a collaborative community

How to apply/learn more:

The program is limited to 30 entrepreneurs, sign up by May 15, 2021 to secure a spot! The official deadline to apply is May 30, 2021.

Download a flyer here

Question & Answer

What is the Startup Stability Program?

The Startup Stability Program (SSP) is a GO Virginia funded nonprofit program designed to help 30 entrepreneurs in Hampton Roads grow their startup business.

Who should apply for the Startup Stability Program?

A startup in any stage. Must have an annual personal income under $75k and must fit in one of the provided target industries.

What are the target industries for the Startup Stability Program?

The target industries include Business Services, Ship repair/Ship building, Life sciences, Tourism & Recreation, Water technologies, Unmanned Systems & Aerospace, Advanced Manufacturing, Port Operations/Logistics & Warehousing, and Cyber Security/Data Analytics/Modeling/Simulation.

What are the benefits of participating in the Startup Stability Program?

Participants will receive free and subsidized rent at Bloom in Portsmouth or Percolator in Norfolk, expert guidance from industry leaders, complete a 12-week accelerator program, grow their professional network, receive individualized support, and join a collaborative community.

How can I apply or learn more about the Startup Stability Program?

Fill out an application online at: www.bloomcoworking.org/ssp