The LAB Miami, one of South Florida’s co-working pioneers, on Tuesday announced expansion plans that include the launch of two entrepreneurship programs and a new CEO. The John S. and James L. Knight Foundation is investing $1.1 million to support The LAB’s evolution.
With the new funding, The LAB Miami will launch a venture builder called LAB.Ventures, which will work with entrepreneurs, engineers and designers to test and build promising business ideas. The program aims to incubate several technology startups by 2019, the majority of which will be run by women and minorities. The LAB Miami announced it will also launch LAB.ID, which will use educational, community programming to encourage greater collaboration between startups and established businesses.