DC Teams Up with Capital Factory to Establish Emerging Tech Hub in the Nation’s Capital

Capital Factory, in partnership with Washington, DC, has launched STATION DC, a much-needed tech hub to foster collaboration between innovators and policymakers in the heart of the nation’s capital.

STATION DC aims to invigorate the DC innovation scene, providing a platform for frontier tech leaders from across the country to engage with federal, regional, and local decision-makers. Located in Union Market District, it will host year-round programs, including quarterly summits, showcases, and networking events, starting with a micro-summit titled “NATO to The Future: Preparing for Coming Disruptions,” which coincided with the NATO Summit in Washington, D.C. on July 9.

Modeled after Capital Factory’s successful approach in Austin, Texas, STATION DC will offer mentorship, connections, and a collaborative space for new innovators to interact directly with leaders and peers. This initiative was spearheaded by Councilmember Kenyan R. McDuffie, who recognized the partnership’s potential for significant economic and social impact.

STATION DC will feature a physical hub for high-level programs, gatherings, and technology launches. It will educate policymakers and foster public-private partnerships, with an estimated opening in 2025 in the Union Market District.

Councilmember McDuffie stated, “Washington, D.C. is poised to become the premier tech launchpad for a new wave of startups. STATION DC will bridge the gap between frontier tech and policymakers, ensuring that our city remains at the forefront of innovation.”

Joshua Baer, Founder of Capital Factory, added, “By extending Capital Factory’s proven model to the nation’s capital, we are creating a dynamic space where America’s builders can form public-private partnerships that change the world.”

STATION DC will also establish an advisory board of futurists and venture capitalists to guide its strategic vision and involve leading startups. Inaugural representatives will include technologists from renowned firms such as 8VC, Andreessen Horowitz, Archimedes Labs, Bain Capital Ventures, Betaworks, Decisive Point, Draper Associates, FLOODGATE, Irongate, Night Dragon, Overmatch, Prime Movers Lab, Revolution, Riot Ventures, Sound Ventures, Tusk Ventures, Urban Legend, Valhalla Ventures, among others.

STATION DC was announced at two special events alongside the 75th Anniversary NATO celebrations, where national and international leaders, along with tech startups, gathered to discuss the massive tech changes reshaping our future. The announcement included the micro summit “NATO To The Future: Preparing for Coming Disruptions,” hosted by STATION DC’s founding partners.

Source Link

Newsletter Updates

Enter your email address below and subscribe to our newsletter