WeWork, the US-based company that provides co-working spaces and claims more than 150,000 members, said it will hold its annual regional Creator Awards in Jerusalem this summer, to mark the opening of the company’s first location in the city.
WeWork said that Jerusalem is the “perfect place” to invite “creators” from diverse backgrounds and industries to come together to celebrate innovation because Israel remains a constant source of inspiration and talent.
“As we prepare to open our first WeWork location in Jerusalem later this year, we want to infuse the Creator Awards with the city’s unique spirit and energy,” said Adam Neumann, CEO and co-founder of WeWork, in a statement.
Launched last year, the Creator Awards is a global initiative to recognize and reward entrepreneurs and organizations that exemplify what it means to be a “creator,” the company says. Awardees range from freelancers to founders, nonprofits to small businesses, artists to educators.
Finalists will be invited to present in front of a panel of judges and awards will be distributed in four categories: performing arts, nonprofit, new venture, and community giver. The winners of the regional event will be eligible to present at the global finals in New York later this year.
Last year, WeWork awarded more than $1.5 million in funds to regional finalists in Tel Aviv and has held events in Washington, DC; Detroit, Michigan; Austin, Texas; London; Berlin; and New York.
WeWork, which is valued at $20 billion and provides workspaces for companies like Delta, IBM, GE, Dropbox, Samsung and many startups, plans to launch 1 million square feet of new space each month in 2018, according to TechCrunch.