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#StartupNation

The Library: A Thrifty Alternative For Startups in Tel Aviv

By - Marisha Dolly Singh | 23 Sept 2015 2:52 AM IST

[video type='youtube' id='FW0qJxSC_Is' data-height='350']

A key condition for entrenching a city's standing as a center of innovation is the existence of accessible infrastructure for those trying to make it big. Keeping this in mind, the municipality in Tel Aviv-Yafo runs “The Library” – an innovative urban work space open to the public.

 

Located a stone’s throw away from Tel Aviv city’s famed Rothschild Boulevard, The Library is a co-working space run by the municipality for startups looking for a roof over their head. The startups interested in using the facility have to apply for a place and are selected after two-rounds of screening. After selection, the startups get a co-working office facility (a team can have a maximum of four and minimum of two members in the team) with wi-fi, electricity and kitchen in-house. A desk renting fee is 750NIS for three months and a conference room for 230NIS for three hours.

 

The Library is rated as one of the best co-working spaces with a proactive management team that tries to get a mix of foreign professionals, investors and entrepreneurs to visit and join startups in their events.

 

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