The long-awaited opening of Impact Hub Santa Barbara, 1117 State St., is happening in stages with all its regular office space rented and a grand opening set for November, officials at the shared work space complex said this week.
A soft opening was staged June 28 with Invoca co-founder Jason Spievak as the main speaker. A serial entrepreneur, Spievak told a crowd of about 150 his thoughts on working with investors from the crowd-funding stage to the second tier.
Impact Hub, or IHub, ran into its own investor problems last year, but with an infusion of capital from Kinko’s founder Paul Orfalea the 7,500-square-foot facility opened for business this year with a few kinks yet to be worked out.
Some of the pricing still need to be firmed up for use of work spaces and conference rooms, but it might be higher or lower than similar shared work space-type facilities on the South Coast, which include Synergy and Workzones.
While those two business incubators have similar missions, IHub’s website describes why it exists this way: “We are a community of entrepreneurs, activists, creatives, artists, innovators, professionals, advisors, investors, students, campaigners, executives, leaders, disrupters, techies, thinkers, makers, doers.”
The former 15,000-square-foot rug shop has been converted into a state-of-the-art facility for entrepreneurs who can come every day 24/7 or just once in a while to work in a common area or pay a fee for a conference room, of which there are several to choose from.