News Roundup: Coworking, Rebrands, Retirement & More

Coworking continues to make headlines in Columbus, with a co-location and the first peek at an expansion. A startup rebrands to better reflect its mission. The Columbus Chamber is helping its members with retirement. Square Installments say goodbye and Columbus gets national recognition for big players in a very specific musical genre. Catch up on business headlines in News Roundup!

The Eleanor Finds a New Home

After opening at 1137 N. High St. in the Short North just six months ago in November 2018, woman-focused community workspace The Eleanor is on the move. The concept has found a new home in German Village within Kollektiv, another recently opened coworking space in the former home of Max & Erma’s.

Parking and construction contributed to the move, but Krysten Kauder, founder of The Eleanor, says she also found that their members did not necessarily need their own private offices.

“They simply wanted a place to hang out and work — a cooler coffee shop if you will,” Kauder says. “We decided it would be best to find a smaller, more intimate and cozy space.”

It’s a win-win for the concepts – The Eleanor has a new home and Kollektiv has more members. The Eleanor no longer has private offices, but instead occupies most of the second floor at Kollektiv.

Kauder says the move won’t change much in terms of their mission, but they’ll find new ways to get involved with neighborhood events.

For more information visit theeleanor.club and kollektivco.com.

Photo by Susan Post

DraftMates Rebrands as GiveGame

DraftMates is rebranding in favor of a name that reflects its expanded fundraising efforts. Initially focused on fundraising through fantasy sports, GiveGame uses its online, events-based platform to create fundraisers out of major sporting events to live events.

The platform is available at no startup cost to nonprofits, cause champions, and anyone who wants to rally a group around a specific cause. Campaign creators can build fundraisers around 50 plus events every year, from the NCAA Tournament, The Master’s and the Kentucky Derby, to the Grammy’s and the Academy Awards.

For more information visit givegame.com.

Columbus Chamber Partners with Nationwide to Offer Members 401(k) Plans

A 401(k) solution is now available to Columbus Chamber members through Nationwide. It’s the first time the Chamber has offered a 401(k) plan through its portfolio of member programs.

Members, in partnership with a financial advisor of their choice, receive access to a dedicated, Columbus-based team to help them review, evaluate, implement and design their company’s retirement plan.

“With the tightening labor markets, it’s more important than ever for employers to offer comprehensive and high-priority benefits like retirement plans,” says Chamber CEO Don DePerro.

For more information, visit columbus.org.

Industrious Releases Renderings for Second Columbus Location

Industrious Columbus Mercantile is slated to open in Q3 2019 and the coworking space is releasing the first renderings of the location.

Industrious will occupy 30,000 square feet across the top two floors of 873 N. High St. Renderings show floor to ceiling windows featuring sweeping city views. The space also features three terraces.

The Mercantile location is Industrious’ second office in the Short North. The coworking space moved into the fourth floor of The Joseph, 629 N. High St., in September 2015. At the time, it was one of the first major coworking chains to come to Columbus and on the leading edge of the city’s boom in shared workspaces.

For updates, visit industriousoffice.com/columbus/mercantile.

Rendering by CGrendering and provided courtesy of Industrious
Rendering by CGrendering and provided courtesy of Industrious

Square Installments Suspends Service in Ohio

As of April 16, Square Installment service is no longer available in Ohio.

Square Installments allowed businesses to provide customers the option of breaking larger purchases into smaller payments. Square Capital paid the business for the purchase up front, with customers paying back Square.

Square Installments sent an email to Ohio customers alerting them that the service was no longer available due to Ohio law, H.B. 123. The Fairness in Lending Act, largely targeted at payday lenders, puts caps on maximum loan amounts, annualized interest and other fees.

Any current customers with installment plans created before April 16 will continue.

For more information, visit squareup.com/us/en/installments.

Prime Social Group Gets Recognition from Billboard

Adam Lynn and Zach Ruben, co-founders of Columbus-based Prime Social Group, have earned a spot on Billboard Magazine’s 2019 Dance Power Players list. The annual list recognizes the managers, live leaders and tastemakers shaping the dance music industry.

Prime Social Groups runs 11 music festivals including Breakaway Music Festival, Prime Music Festival and  #Fest, as well as a number of other live music events. Dance music has grown to a $7.3 billion global industry.

For more information, visit primesocial.com.

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