SEATTLE, WA--(Marketwired - September 16, 2014) - Startup Hall, the cornerstone of Seattle's University District startup community, has opened its doors to provide a place where emerging private sector companies intersect with established academic and commercial innovators. Startup Hall is part of a unique public-private partnership to develop a revitalized UDistrict where independent technology startup companies will benefit from the proximity to University of Washington faculty and students, research and advances in technology, medicine and engineering.

"Seattle is a global hub for innovation and much of that spirit and mindset begins at the UW. Our students and faculty are cultivating a lifelong passion for discovery that leads entrepreneurism in our region and our country," said Michael K. Young, UW President. "We are thrilled to work with city and state leadership, the thriving Seattle startup community and our neighbors in the UDistrict to create an epicenter for collaboration and innovation."

Seattle's University District Integrates Business, Research, Top Talent

Leaders from city and state government, the University District Partnership (UDP), the University of Washington and the startup community have worked together to position Seattle's UDistrict as a place where entrepreneurs can grow and thrive. The diverse business community and more available and affordable rental properties are also hugely attractive to startup companies. The UDistrict is easily accessible via transit, especially with new light rail set to arrive in 2016.

Proximity and coordination with the University of Washington is a huge draw for new and established companies looking for closer interaction with the talent, research and discoveries at the nation's top research university.

"I'm delighted to see the launch of Startup Hall, and congratulate Economic Development Commissioners Chris DeVore and UW President Michael Young on this innovative collaboration," said Mayor Ed Murray. "Startup Hall is an exciting piece of a broader urban planning vision, maximizing proximity to future light rail stations, ties to the University of Washington, and a thriving, urban environment."

Startup Hall: Collaboration and Community.

Startup Hall is a hub for new businesses, new ideas and a place where entrepreneurs, established companies and an experienced network of innovators can engage and create. Anchor tenants UP Global and Techstars Seattle are joined by fully-funded startup companies, as well as corporate sponsors who want access to the thriving innovation community.

"Techstars Seattle has been working with the City of Seattle and the City's Economic Development Commission and the University of Washington with the shared goal of making the University District the center of technology entrepreneurship in Seattle and the Pacific Northwest," said Chris DeVore, Director, Techstars Seattle and General Partner and co-founder of Founder's Co-op. "Startup Hall is unique because high-performing founders can now go from initial idea development through startup acceleration and seed funding all under one roof."

Located in Condon Hall, the former home of the UW School of Law, the redesigned space provides a variety of different layout options. Rents are for 30-day terms at $350 per desk for a four-desk minimum/eight-maximum contract. All tenants have access to:

• Open-floor plan seating

• Large, enclosed meeting rooms

• Small, sound-proofed meeting and telephone rooms

• Social and event space

• On-site events, training and lectures

About Startup Hall: Startup Hall is a hub for technology entrepreneurs, located in the heart of Seattle's University District. Forged by a unique public-private partnership among the University of Washington, the region's leading research university, the world's top entrepreneurial education non-profit, Up Global, the nation's #1 startup accelerator, Techstars and Founder's Co-op, the Pacific Northwest's #1 seed-stage venture capital fund, Startup Hall exists to help exceptional founders build the next generation of world-leading companies here in the Pacific Northwest.