3 Startups Awarded Co-working Subsidies

Image from Nextspace Co-working Santa Cruz office

Santa Cruz Works (“SCW”) is excited to announce additional recipients for a co-working subsidies at Cruzio and Nextspace to ecPunch, Climatize, and Belay.

ecPunch is a software as a service platform where any company can build its own process in order to admin the resources and people needed to operate, with this tool any person can manage his/her remote team from the phone/computer gaining full visibility of their performance. ecPunch integrates human resources management with operational processes in order to minimize the use of several platforms, providing full traceability and transparency between stakeholders and accurate data for the decision-making process. Their blockchain powered platform allows not only secure transactions, but also certifies worker experience to be used as reference in our Workforce Marketplace.

"We feel honored to be part of the Santa Cruz Works Community! Thanks Cruzio for supporting us with a coworking space' subsidy. This will help us to be able to connect locally with the organizations that are looking to run efficient operations with real time data analysis, and provide to the employee an increase in efficiency, trust among them and an economic impact" - Francisco Rojas, Co-founder ecPunch

Climatize uses Regulated Crowdfunding to invest the spare change from your everyday credit card purchases into financing clean energy projects; enabling you to eliminate your personal carbon footprint and earn a return on investment at the same time. Through Climatize’s app, you’re given a simple, digestible and actionable dashboard showing a complete picture of your financial and climate impact. As your investments grow you can earn achievements & badges which unlock incentives at your favorite sustainable brands like Patagonia and REI.

Climatize will use this opportunity to transform their prototype into a live app while awaiting approval from the U.S. Financial Regulatory Authority (FINRA) to go live in April 2022. This co- working subsidy at Nextspace will provide their team with a headquarters from which they can accelerate their go-to-market and continue to grow their team in the heart of Santa Cruz.

“The Climatize team and I are deeply grateful to the Santa Cruz Accelerates Program for supporting our team and mission with this opportunity. We are excited to emerge from a digital workplace and to reconnect at Nextspace. There is nothing more exciting than brainstorming sessions around a whiteboard & rapidly iterating on our product in ways that just weren’t possible over the past year and a half. Thank you Santa Cruz Works for backing Climatize and the next generation of entrepreneurs.” - Will Wiseman, Co-founder and CEO at Climatize Earth Inc.

Belay eliminates income instability for rideshare workers using a proprietary financial instrument. Drivers input a schedule they want to earn a guaranteed wage within. If they earn less than our guarantee, Belay tops them up. If they earn more by the end of their contract, we charge them - AT MOST - 4% of the original forecast. We plan soon to add deactivation protection and mugging insurance.

“Doing well by doing good means thin margins. We at Belay feel immense gratitude that Santa Cruz Works has trimmed our overhead with the Nextspace subsidy. That means more runway and the ability to spend those months in a warm and professional space here in my hometown of Santa Cruz.” - Kai Golden, Co-founder and Ceo of Belay

Nextspace offers flexible office space locations provide open co-working areas where members can choose affordable co-working passes, or secure a dedicated desk or workstation. Cruzio offers come & go as you please 24/7 keycard workspace access and the option to have a dedicated, permanent desk space with lockable storage, power, and 1Gbps (1,000Mbps) fiber Internet.

To date, four Santa Cruz Accelerates startups have been awarded co-working space subsidies, Immergo, ecPunch, Climatize, and Belay. SCW will be awarding additional startups co-working subsides at Startup Sandbox and Cruzio until February 22, 2022. Please contact SC Accelerator program manager Malina if you are interested.