It’s a rather interesting notion which seeks to amplify the many benefits of starting and growing a business within a traditional coworking space. It plays on the paradigm that entrepreneurship is no longer a mere job title (if it ever was) but has developed into a much more complex thing… a lifestyle (if that doesn’t sound too contrived!)
Specifically the group ‘Startup Home’ are pioneering this method of startup and freelancer co-living within the UK, with a number of homes in the London area. They are now also on the lookout for potential homes in other parts of the UK, and even have ambitions to take the project abroad.
A benefit that is particularly welcomed within the capital is that these homes help alleviate the rental pressures that many entrepreneurs experience whilst starting and growing their business. The business founder’s stay in the house is sponsored by ‘patrons’ (corporations or individuals) in an arrangement which constitutes an investment into the business they are growing.
Startup Home doesn't aim to be an incubator / accelerator. In fact it's the natural complement to the existing acceleration programs and co-working spaces. The latest provides a place to work, while Startup Home provides a place to live!
We shall certainly be interested to see if this relatively new mode of startup growth and development proves to be an improvement on the more traditional co-working space!