Coworking has been booming for a few years; there are paid spaces and free spaces, but how do the free spaces sustain themselves? That’s what we’ll find out in the next few paragraphs.
The concept of coworking is similar to that of a public library. Essentially, it should be run by a public agency for the support and growth of emerging businesses. But instead, it is so far in the hands of the private sector. Most spaces operate for profit, but those that operate for free are usually supported by a second company.
The second possibility is a crowdfunding scenario, in which the space is funded by the local community, which helps it grow. If this is the case, that’s great! Because it captures the essential connection between coworking and community.