Thursday , 21 November 2019
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(L-R) Abrar Shaikh, founder, BIZ Nest, Jennifer Monserrate IT Minister, Pramod Sawant Chief Minister and Shrinivas Dempo, chairman, Dempo Group at the launch of MeWo

A co-working space for savvy startups

MeWo, the state’s first, premium co-working space looks all set to takeoff, reports Team B&C

Goa’s startup working space got a new entrant recently.  MeWo, an exclusive meeting and co-working place launched for startups who want to work in a relaxing, plush yet productive environment. The state does have co-working spaces, but MeWo is exclusive in ambience and also it is the first co-working space to be promoted by a Goan industrialist.

  Designed as one of its kind, the facility is a joint venture of industrialist Shrinivas Dempo, chairman, Dempo Group, and Abrar Shaikh, founder, BIZ Nest, a Mumbai based company.  Both partners are enthusiastic about their venture and sure of good response.

   “It is the first time that the Dempo Group is entering the IT and the startup,” said Dempo at the unveiling adding that, the facility is expected to address the state government’s goal of jobs through self-employment. “We need more such facilities,” he said.

  Shaikh added that, the facility aims to attract startups to the state. “It is basically for companies which are established out of the state and are seeking to relocate to Goa,” he said. In future both partners are keen to extend their venture and take it to more locations across the state.

  “Depending on the feedback we want to replicate this model all over Goa. Why should people come only to Panaji? If Mapusa needs a co-working space it has to be set up there. Similar facilities in different locations across the state will lead to balanced development,” said Dempo.   The venture is taken off well as two companies have already signed up for workspace.

  Coming to the services on offer, MeWo has smart work spaces which are secluded and secure. The facilities include high speed internet with backup, CCTV, biometric access, housekeeping, café, lounge, gaming, library, etc. The services are a complete package. The seats in the facility are in different configurations. It includes open and secluded spaces.  The capacity is of 100 co-working seats in addition to 50 seats in the café and another 30 seats in the meeting rooms.    Depending on the type, the monthly charges are in the range of Rs 8,000- Rs 9,000 per seat.  

  According to the partners, co-working spaces at a higher price bracket have takers as startups these days are prepared to pay for premium services. “Every product is sold at several price points and the younger generation wants efficient service. They don’t want to buy office property but prefer co-working spaces,” said Dempo.

  He says that, while Goa is marketed for its fun, frolic and tourism, the state also needs a new marketing segment of co-working spaces as it is the trend for the future.

   MeWo, located in Dempo Trade Center, Patto Plaza, launched on November 7. The Chief Minister, Pramod Sawant, did the unveiling in the presence of Jennifer Monserrate, Minister for IT and members of local industry.

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