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4.1.4 trmplement co-u'orleing space and potential malcers space. <br />Co-working spaces have moved from what sorne might considel a fad into a full-blown national <br />trend with over 80% growth in available spaces during the past two years. According to the <br />Commercial Real Estate Development Association repod: Between 2005 and 2014 the number <br />of co-working spaces has gone from 1 to 781. Deslanag monitors co-working spaces nationally <br />an<i cites that 5A% of existing co-working spaces wiil expand in 2015, 4.5 new co-working <br />spaces are created each day, and245 people become members globally each day. <br />Eiiensburg has muitiple opporhrnities to capitalize on this growih whiLe building on partnerships <br />within the Chamber of Commerce, with Central Washington University, and even with the <br />creative community that thrives in Ellensburg and Kittitas CountS'. <br />Reinro deirrirro infn f he cncci[in rennmmenriafi,rno if ic imnnrloni fn lraci- t^ rlafi-a h^*" -.^1" ^f*-^ ' ..^b elrvrru, ^r ^u (ruPvr rs !v uvlrrlv ^^v YY wqvrr vt <br />these spaces work, as semantics can sometimes get in the way of truly understanding the purpose <br />of tirese new mociels for ihc workpiace environmeni. it is also important to icnow that, although <br />their definitions are provided below, the fluidity within which they can function in a space is as <br />creative as the very ideas themselves. <br />Co-working spaces provide a place for individuals or small companies to work in a shared <br />environment. Companies can interact with one another in infon'nal ways, form coilabcrations, or <br />-:,-^,.-l-- -1---.- :.- rl ' ' 1siilipiy silaie iii ttre cieatrve atmosphere oi tne space. Uo-workrng spaces may host events and <br />activities, but rarely provide fotmal business coaching. Such spaces provide conferencing <br />capabilities, shared printers, a kitchen, restrooms, and most importantly high speed internet <br />access, <br />Incubator spaees a.re also places w.here businesses co-habitate as weii. A key difference bctween <br />co-working and incubator spaces is the level of suppcrt provided tc grow businesses. These <br />spaces frequently have a higher education partner thai is heiping to cultivate and coach <br />businesses toward success. Many incubators have the desire to "graduate" businesses fiorn the <br />spacc. There is already an incubator space in Ellensburg, so ttris approach rrtay nut be thc most <br />appropriate for downtown, although the trend is continuing to evoive into other kinds of <br />incubators. <br />Accelerator spaces provide a struchred way to o'graduate" companies, often within a specified <br />period of time, Usually, accelerator spaces receive significant support from venture capital that is <br />directly investing in the start-ups. The goals of an accelerator is to "spin out" successful <br />venftites. These spaces tend to gravitate around like businesses that have collaborative <br />capabilities. <br />Makerspaces are physical locations where people gather to share resources and knowle<lge. <br />Unlike the spaces described above, makerspaces focus on projects and fabrication, Conseqnently, <br />makerspaces provide tools and facilities for the makers. While expeds or higher education- <br />affiliated advisors might be available, makers frequently get help fi'om other users. These spaces <br />began to be associated with fields sueh as engineering, fabrication, computer science, anc{. <br />graphic design. Many makerspaces have higher education partnerships who desire to create an <br />29