The Georgetown Venture Lab is a co-working facility for alumni entrepreneurs located at WeWork White House (1440 G St. NW). Supported by a gift from the Leonsis Family, the Georgetown Venture Lab provides members with discounted office space, access to resources, and a collaborative entrepreneurial ecosystem, as well as internship and startup networking opportunities for current students.
With space for up to 90 members, the Georgetown Venture Lab is a great example of the university’s collaborative spirit and commitment to entrepreneurship, and allows us to create even stronger ties to the larger D.C. startup community.
Georgetown thanks the Leonsis Family for making the Venture Lab possible, and for their continued support of the Georgetown Entrepreneurship Initiative.
Benefits Of The Venture Lab To Georgetown
- Fosters the development of businesses launched by Georgetown University alumni
- Provides full-time and internship opportunities for both graduate and undergraduate students
- Establishes Georgetown University as supportive of aspiring entrepreneurs
Benefits To Member Companies
- Discounted office space
- Mentoring from experts including alumni, Enterpreneurs in Residence and faculty
- Organized student internship program
- Exposure to potential investors
- Alumni events
- Collaboration with other businesses
- Communal space
- Access to global benefits of WeWork
Frequently Asked Questions
Where is the Georgetown Venture Lab?
- WeWork White House is located at 1440 G St NW, one block east of the White House on 15th and G Streets. The building, known as Metropolitan Square, overlooks the U.S. Department of Treasury and the White House. It’s the same building that houses Old Ebbitt Grill.
Who can use the space and how do they become members?
- Georgetown alumni entrepreneurs from all industries will be invited to apply for membership at the Georgetown Venture Lab where the Georgetown Entrepreneurship Initiative will have a dedicated pool of up to 90 desks available.
- The Georgetown Entrepreneurship Initiative will select members based on those who apply. Selection goals include maximum occupancy while also supporting deserving alumni-led startups and cultivating a supportive community.
- Special consideration may be offered to recipients of the Leonsis Family Entrepreneurship Prize.
What are the benefits of membership?
- In addition to providing alumni entrepreneurs with subsidized physical workspace, the Georgetown Venture Lab will coordinate programming to foster new ventures and connect Georgetown University entrepreneurs to both the greater alumni community and current students. These programs may include:
- Alumni and faculty mentorship programs from fields such as investing, law, policy, and marketing.
- Entrepreneurs-in-Residence office hours.
- A student internship program connecting current students to ventures in residence at the lab.
- Social and professional events to build the network between Georgetown University alumni, current students, and the greater Washington D.C. startup community.
What is included with membership?
- 24/7 access to your home location.
- A desk, chair, and filing cabinet for each person.
- Mail and package handling.
- Business-grade internet access (WiFi and wired).
- Access to common spaces on all floors for casual meetings, etc.
- An allocation of monthly conference room credits.
- An allocation of prints per person.
- Free coffee, tea, beer, and cold brew.
- Access to WeWork network and events at all locations globally.
- Community management team on call during business hours.
- All utilities, power, and cleaning fees.
- Ability to book work and conference space globally (240+ locations).
- Exclusive discounts through the WeWork Services Store.
Who will manage the Georgetown Venture Lab?
- The Georgetown Entrepreneurship Initiative will manage the Georgetown Venture Lab, with day-to-day responsibilities falling to a new role of community manager. Members of the Georgetown Venture Lab will be supported by a community manager who is responsible for coordinating occupancy, designing and executing programs, and connecting members with the broader Georgetown University alumni network and campus resources. Also, the community manager will liaise with the Georgetown Alumni Association’s Entrepreneurship Alliance to build stronger connections across the Georgetown University entrepreneur community.
What is the agreement between Georgetown and the member startups?
- Each member will sign a standard contract outlining the costs, duration, and other relevant terms of their membership. These agreements are technically “membership agreements” and not “leases,” which is an important legal distinction.
What is the pricing structure for Georgetown entrepreneurs?
- Entrepreneurs will be offered a subsidized monthly rate per desk.
For questions regarding the Georgetown Venture Lab, please email VentureLab@georgetown.edu.