Bihar has witnessed all-round change in past few years. With new energy being infused by the state and the central government for the development of startup ecosystem in the state, several new startups came into existence recently. Every startup has several requirements, some are common and some are unique based on their business idea. However, one of the most common problems faced by any startup is the need for office space to carry out their everyday work.
Keeping their expenses in check is a priority for most of the startups. No matter they are bootstrapping or they are working on venture money or external funding? Operational expenses like cost of renting an office take most of the initial capital. The concept of co-working space came into existence to solve this problem.
In Bihar too, government started offering co-working spaces in association with Software Technology Parks of India (STPI). However, it was not enough to serve the growing need of the startups in the state. Also, to get the co-working space at STPI a start has to go through several processes taking their precious time. So, the need was for a no-frills solution to this problem.
Work Studio Coworking – What and Why?
Few youngsters from the state felt this strong need for co-working space and came up with the idea of starting a private co-working place. This was the birth of Work Studio Co-working. Talking about the need for such a facility in Patna, Alok one of the co-founders said, “Tier-2 cities like Patna, Lucknow, Bhopal, Bhubaneswar etc. are breeding ground for new ideas and several startups came on national front from these tier-2 cities. Bangalore and Gurgaon have this concept of co-working spaces for a long time. Even popular incubators (private or government) are offering this in metros and within the campus of prestigious institutions. However, cities like Patna were away from this option for startups. So we came up with this Work Studio in Patna.” He further added, the idea is not just to provide space to tech startups but to anybody looking for space. It can be a standup comedian looking for a place to record their promo video, an agro startup in need for a virtual office or even any freelancer who needs a managed space to carry out his everyday work or for a meeting with their potential clients.
The facility is equipped with state of the art infrastructure that any startup with global standard might need. It includes not just 120 workstations, but meeting rooms, conference room, indoor games, and a cafeteria. The best thing is the startup friendly interiors with energetic vibes and vibrancy all over the place. The space is also women-friendly and is among the safest working place for women in the city.
Not Just Co-working But All Support At One Place
Work Studio is not just providing co-working space but also trying to provide all kinds of support that a startup may need. Be it mentorship, legal support, inputs related to business plan preparation, finance management inputs, or assistance with filing patents or trademark claims.
The cost of getting co-working space varies between INR 5000 to INR 8,000 per workstation, based on the type of space and additional facilities one needs. For startups who are signing for their early bird offer the cost varies between INR 3,500 to INR 6,500 per workstation. This offer is applicable till 1st of February, 2018. Interested startups can get in touch with them on +91-983-7840-807.
Such initiatives are a welcome change for the startup ecosystem in Patna. It will not only provide the necessary support to present startups, but also pave the ways for the next generation of entrepreneurs where they would not hesitate in thinking of being their own boss and pursuing their idea of dream startups.
Big thumbs up to Work Studio Coworking