The business incubator will be housed on the fifth floor at 1035 Pearl St., Deters said. The incubator is expected to include nine office suites in about 10,000 square feet of space. Deters did not give a specific time frame for when the new office might open.
Galvanize generates revenue from rent on shared workspaces and through its “gSchool” – an education program for startups. The company headquarters is at 1062 Delaware St. in the Rocky Mountain Bank Note building in Denver. Galvanize offers work space, including coffee, a workout area and a café for prices starting at $299 per month.
Galvanize’s Denver office is filled with startup companies and has a waiting list. Its second Denver location at 1644 Platte St. is expected to open soon. Companies interested in space in the Boulder location should look for more details at: galvanize.it.
In July 2012, Galvanize put on a “Shark Tank”-style startup event in which two Boulder-based companies competed against others to win $50,000 equity investments. Pangea Organics, incorporated as Pangea Naturals Inc. and Simple Energy Inc. received the equity awards from the i4c Campaign put on by Galvanize.