StarSpace46 Inc. Company Profile

Background

Overview

StarSpace46 Inc. is a dynamic coworking and innovation hub located in Oklahoma City, Oklahoma. Established in 2016, the company offers flexible office solutions tailored for entrepreneurs, startups, and small businesses. Its mission is to foster a collaborative environment that empowers individuals to bring their ideas to life, expand their businesses, and connect with like-minded professionals. The name "StarSpace46" pays homage to Oklahoma's history as the 46th state admitted to the union, symbolizing a spirit of innovation and local pride.

Mission and Vision

StarSpace46 aims to be a connector and hub for creative and passionate individuals working together to inspire, innovate, collaborate, and elevate business and community. The company is committed to providing equal access to resources for entrepreneurs and small business owners, offering mentoring for high-growth venture startups with access to former founders and leaders typically only found on the coasts. It strives to be a world-class center for business as part of Oklahoma's entrepreneurial ecosystem for innovation, technology, and entrepreneurship in Oklahoma City.

Primary Area of Focus and Industry Significance

Operating within the coworking and shared workspace industry, StarSpace46 has become a central hub for Oklahoma City's burgeoning tech and startup scene. By providing affordable and flexible workspace solutions, the company supports the growth of small businesses and fosters a vibrant entrepreneurial community. Its strategic location and comprehensive services have positioned it as a significant player in the region's economic development.

Key Strategic Focus

Core Objectives

Community Building: Foster a collaborative environment where entrepreneurs, technologists, and creatives can network, share ideas, and collaborate on projects.

Resource Accessibility: Provide equal access to resources, including mentoring, networking opportunities, and workspace solutions, to support the growth of startups and small businesses.

Innovation Support: Serve as a hub for innovation by hosting tech and entrepreneurial events, workshops, and conferences that encourage knowledge sharing and skill development.

Specific Areas of Specialization

Flexible Workspace Solutions: Offer a range of options from desks to conference rooms and private offices, catering to both short-term and long-term needs.

Community Engagement: Host events such as 1 Million Cups, coding events, and roundtables to engage the entrepreneurial community.

Corporate Innovation Partnerships: Collaborate with established companies to house their innovation teams, fostering a blend of corporate and startup cultures.

Key Technologies Utilized

While specific technologies are not detailed in the available sources, StarSpace46 likely employs modern office management software, high-speed internet infrastructure, and collaborative tools to support its members.

Primary Markets or Conditions Targeted

Entrepreneurs and Startups: Individuals and small teams seeking affordable and flexible workspace solutions.

Small Businesses: Companies requiring professional office environments without the overhead costs of traditional leases.

Corporate Innovation Teams: Established companies looking to foster innovation within a dynamic and collaborative setting.

Financials and Funding

Funding History

Specific details regarding StarSpace46's funding history, total funds raised, and notable investors are not publicly disclosed. The company operates as a private entity, and financial information is not readily available.

Utilization of Capital

While exact details are not specified, it is reasonable to infer that any capital raised would be utilized to expand facilities, enhance services, and support the growth of the entrepreneurial community in Oklahoma City.

Pipeline Development

As a coworking space, StarSpace46 does not have a traditional product pipeline. Instead, its focus is on continuously enhancing its services, expanding its facilities, and fostering a vibrant community to support the evolving needs of entrepreneurs and small businesses.

Technological Platform and Innovation

Proprietary Technologies

Specific proprietary technologies are not detailed in the available sources. However, the company likely utilizes modern office management software and collaborative tools to enhance member experience.

Significant Scientific Methods

While not explicitly stated, StarSpace46 may employ data analytics to understand member needs and optimize space utilization. Additionally, hosting events like hackathons suggests an engagement with innovative methodologies and technologies.

AI-Driven Capabilities

There is no specific information indicating the use of AI-driven capabilities within StarSpace46's operations.

Leadership Team

Key Executive Profiles

Tommy Yi: Co-founder and President of StarSpace46, Yi has been instrumental in establishing the company as a central hub for Oklahoma City's tech and startup community.

Amanda Harlin: Co-founder of StarSpace46 and Techlahoma Foundation, Harlin has played a significant role in fostering the tech community in Oklahoma City.

Ryan Hoegg: Co-founder of StarSpace46, Hoegg has contributed to the company's growth and its role in supporting local entrepreneurs.

Jeff Yenzer: Owner/Partner and Board Secretary, Yenzer has been involved in the strategic direction and governance of the company.

Leadership Changes

There is no publicly available information regarding recent significant changes or appointments within StarSpace46's leadership team.

Competitor Profile

Market Insights and Dynamics

The coworking space industry has experienced significant growth, driven by the increasing number of startups, freelancers, and remote workers seeking flexible workspace solutions. Oklahoma City, in particular, has seen a burgeoning tech and entrepreneurial ecosystem, with companies like WeGoLook, Spiers New Technologies, and Paycom contributing to the city's economic development.

Competitor Analysis

Regus: A global provider of flexible workspace solutions, offering a wide range of office spaces and services.

WeWork: An international coworking space provider known for its modern office environments and community-focused approach.

TeamWorking by TechNexus: Offers coworking spaces and innovation hubs, focusing on aligning startups and enterprises to drive commercial activity.

1871: A Chicago-based innovation hub that provides resources and support for entrepreneurs and startups.

Huddle Workspace: Provides office spaces and coworking environments with a focus on community and collaboration.

Strategic Collaborations and Partnerships

StarSpace46 has a close relationship with Techlahoma, a nonprofit organization supporting the tech community in Oklahoma. Techlahoma serves as an anchor tenant for StarSpace46, regularly renting out event spaces and contributing to the vibrant tech ecosystem.

Operational Insights

StarSpace46 differentiates itself through its strong community engagement, hosting various tech and entrepreneurial events, workshops, and conferences. Its strategic location in Oklahoma City positions it as a central hub for the region's growing tech and startup scene.

Strategic Opportunities and Future Directions

StarSpace46 has the opportunity to expand its facilities and services to accommodate the growing demand for flexible workspace solutions in Oklahoma City. By leveraging its strong community ties and hosting events like hackathons, the company can continue to foster innovation and support the entrepreneurial ecosystem.