The DC area used to be known mainly for industry built around government and defense. Today, the area is also a technological hub, making it an advantageous location for businesses, especially start-ups.
Investing in an office rental in Washington, DC can benefit your fledgling company. Here are four reasons to build your start-up business in this area:
- Venture Capital
DC is one of the regions that receive the highest venture funding. Last year alone, venture capital investments hit a record-high of $48 billion. 2014 was an overall good year for start-ups in the area, and it seems like the positive trajectory will continue this year.
- Human Capital
Roughly 30% of DC's population is made up of millennials. Known to be active, educated and talented, members of Generation Y flock to the city year after year. They possess the traits many business-owners look for in building a productive and goal-driven work force.
- Equal Opportunity
Washington, DC is a great place for women in tech. This skilled and strategic demographic occupy 37% of tech jobs in the city, a stark contrast to statistics in the rest of the country. In fact, DC was hailed the top US city for women in tech.
- Ethnic Diversity
African Americans own 28% of all businesses in DC. And the DC region is a melting pot of ethnicities and that is represented in business ownership.
Starting your business in Washington, DC is one of the smartest choices you can make. When you’re ready to get your company started, enlist the help of Metro Offices to find an office space for rent in Washington, DC. We provide fully equipped and strategically located workspace solutions in the area.
These office space solutions require no start-up costs. You can attract and retain top talents, increase productivity and profitability, and enjoy options for every work style on flexible contract terms.
For more information on our services, don’t hesitate to give us a call. Our friendly office staff will be more than happy to assist you.