WeWork Labs’ has teamed up with Washington state to launch a start-up accelerator focused on the maritime industry. However, a lack of capital both in the Pacific Northwest and worldwide restricts innovation. The co-working firm will collaborate with Silicon Valley and the Department of Commerce’s Maritime Blue initiative in a bid to establish the region as a hub of technological innovation. The start-ups will work out of the Department of Commerce’s Washington location, with the company offering seminars, advisors and workshops. 10 start-ups will be chosen for the initial cohort, with the project set to begin in January and end with pitches to investors and government officials in April .
WeWork Labs’ has teamed up with Washington state to launch a start-up accelerator focused on the maritime industry. The co-working firm will collaborate with Silicon Valley and the Department of Commerce’s Maritime Blue initiative in a bid to establish the region as a hub of technological innovation. The start-ups will work out of the Department of Commerce’s Washington location, with the company offering seminars, advisors and workshops. 10 start-ups will be chosen for the initial cohort, with the project set to begin in January and end with pitches to investors and government officials in April .