Empowering Innovation: Equal Space Secures $2 Million Grant for Cutting-Edge Workspace Development!

Equal Space is thrilled to announce that we have been selected as one of the recipients of the NJEDA GrantBoard’s prestigious grant, totaling $25.1 million, dedicated to Real Estate Rehabilitation and Development. This grant falls under the Activation, Revitalization, and Transformation (A.R.T.) Program, and it is with great humility and honor that we accept this recognition.

The grant allocates $2 million to Equal Space, which will be instrumental in the renovation of multiple floors at our new 550 Broad Street location. This funding marks a significant milestone in our journey as we continue to redefine the possibilities of workspace environments.

Equal Space is more than just a coworking space; it’s a mission-driven organization committed to fostering innovation, collaboration, and growth. Our goal is to provide entrepreneurs, startups, and businesses with a dynamic ecosystem where they can thrive. With cutting-edge coworking spaces, state-of-the-art amenities, and a vibrant community, Equal Space offers an unparalleled experience for professionals seeking to elevate their professional journey.

At Equal Space, we take pride in our dedication to creating an equitable space that contributes to the innovation ecosystem of Newark. Our new tech and innovation campus, ES550, spans an impressive 50,000 square feet, offering suites, offices, and multi-room headquarters suitable for startups of all scales and across all verticals. Whether you’re a solo entrepreneur or a growing team, our facilities can accommodate your needs.

The amenities at ES550 are designed to support the diverse needs of our community. From a 300-person event space to podcast and media studios, green rooms, and more, our campus provides the infrastructure necessary for success. We believe that providing access to these resources is essential for empowering entrepreneurs and driving economic growth in our community.

As we embark on this next phase of development, we invite you to join us at Equal Space and discover a workspace that not only meets but exceeds your expectations. Whether you’re looking for a place to launch your startup, expand your business, or connect with like-minded professionals, Equal Space is here to support you every step of the way.

We extend our heartfelt gratitude to the NJEDA Grant Board for their support and investment in our vision. With this grant, we are confident that Equal Space will continue to serve as a catalyst for innovation and entrepreneurship in Newark and beyond. Join us as we shape the future of work and redefine what’s possible in the modern workspace.

A premium sharespace created with multicultural business owners in mind, =SPACE provides resources for startups, coaching for tech companies, and access to minority business owners. We believe that access + resources = SPACE & Opportunities.