Thursday, March 23, 2023

Entrepreneurs Flock to The Offices @ Two Five & J Co-working Space

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NEWPORT NEWS-The Offices @ Two Five & J co-working space was established in May 2021 by the City of Newport News and its Economic Development Authority as part of their mission to encourage new business establishment, growth, and community wealth-building in Newport News.

Membership offers the unique opportunity for budding entrepreneurs to network with potential mentors and business partners in the shared space.

Ray Ransom, community manager with The Offices @ Two Five & J, said that business has been exceptional since the community-driven co-working office opened. “It’s been exciting, as we’ve been at full capacity since the end of July, and currently have seven potential members on our waiting list,” said Ransom.

The Offices @ Two Five & J’s members who rent space tend to be self-employed individuals, small groups of people who work together on projects, and individuals who virtually operate their businesses from the location.

In addition to the City of Newport News, The Offices @ Two Five & J works in partnership with other community-focused entities including Brooks Crossing Innovation Center and Old Dominion University Women’s Center as well as others to share resources and training opportunities with occupants.

A few current members include MyCFO accounting and bookkeeping, Bright Visions business coaching, and Mindovermoney financial planning. “The members really vary; for example, one gentleman uses the facility as his home office while virtually running a group home for adults who are intellectually challenged,” said Ransom. “He has about 15 employees who work for him.”

Memberships are available to Newport News businesses and residents who are actively establishing a business. Amenities include high-speed Internet access, two conference rooms, copying and printing accessibility, furnished workspaces in a secured facility, and the use of a community kitchen. Monthly pricing ranges from $25 for virtual space accommodations to $300 per month for private office rental.

The Offices @ Two Five & J is located at 2506 Jefferson Ave. in Newport News. For more information on the facility, click here.

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