The Hive

Finding the right space for imagination

Entrepreneurs have a great sense of imagination and are inspired to do great things.

What better place to find that inspiration than at thehive?

Located in the upper level of Grand Innovations’ headquarters in the heart of the Gaslight District, thehive offers a unique workspace environment in a historic foundry building with high ceilings flooded by natural light.

“It’s an amazing location and we are able to offer our participants a variety of services,” says Cambridge Chamber of Commerce President and CEO Greg Durocher.

Unlike other incubators, thehive doesn’t target a specific industry, such as tech or manufacturing, but provides a place for small business start-ups from any sector with an opportunity to grow and succeed.

Having such great options and support is one of the key reasons setting up or growing your business in an incubator is worthwhile.  In fact, recent data shows that millennials who love the idea of starting their own business are looking for spaces without being attached to any long-term commitments and want fewer responsibilities of running their own offices, not to mention lower costs.

Durocher says thehive fits the bill perfectly since participants receive high-speed internet, mail service, and 24/7 access.  As well, the space features several glass-enclosed boardrooms and offices, along with a funky communal kitchen area.

“We have permanent dedicated desk space, ‘hot desk’ availability on a first come, first served basis, an option for those who only wish to access the entrepreneurship training, and larger space options as your business grows,” says Durocher, noting the training aspect will also prove very beneficial. “We offer programming with top-notch local business builders who will present instruction and guidance, giving these dedicated entrepreneurs a greater possibility of success.”

This success will also come from the chance to work closely with other entrepreneurs and provide some amazing networking possibilities.

 “This is a robust program where mentors can be found and where confidence can be instilled,” says Durocher.

Creating thehive has been a project in the making for the last year between the Chamber and its partner Grand Innovations, plus collaborative support provided by Conestoga College, INVEST Cambridge and HIP Developments.

“We couldn’t have done it without their commitment and dedication,” says Durocher. “It’s a very exciting enterprise and we can’t wait to see how thehive will alter the landscape of our business community.”

By Brian Rodnick