Why … “TheCodeFactory” of course.
Word of “TheCodeFactory” hit the airwaves in Ottawa tonight at DemoCamp4 and the announcement seemed to be of resonate many of those in attendance. In fact it even dwarfed the hockey game announcements, quite a feat for a hockey-obsessed town. Actually there were no hockey announcements but hey it sounded good.
TheCodeFactory is co-working space for entrepreneurs and startups at reasonable rates. TheCodeFactory is much more than just space; it’s community, it’s culture, and a facility focused on development, personal and product.
The factory is the result of more than a year of research by co-founders Peter Childs and Ian Graham. The concept of the co-working space was started with a handshake in Starbucks at Pinecrest. The co-founders wanted to capture the essence of the coffee shop meeting, add generous portions of DemoCamp and mix in a physical location until you have entrepreneurs and startups with ideas entering at one end and team based knowledge businesses exiting at the other end.
Careful consideration has gone into how to peacefully co-exist and compliment the existing Ottawa eco-system. We have a list of over 70 stakeholder and contact information for the Ottawa area. Over the past year we have talked at some length with most of these people. Our intention is to build on the talents and resources that are already in place.
In fact Tony Bailetti, Director of the Technology Information Management at Carleton University, is our Technology advisor. Michael Dunleavy from Lebarge Weinstein is our Legal Advisor and before the end of next week we expect to have our business and two investment advisors in place. All of the advisory board are respected senior members of the Ottawa technology community and a great resource for us to draw on.
This will be a P2 project (Private Funding) and we are in talks with a number of groups that have expressed interest in helping support this project. We expect to be ready for prime time and live in June of 2007. . More to follow in the coming weeks. Peter and I are off to Toronto on Wednesday and Montreal the week after. This promises to be an exciting ride with the goal of helping the Ottawa startup community.