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Collaborative workspace for entrepreneurs and small businesses to open in downtown Fargo

Kyle Coolbroth speaks Wednesday in Fargo about CoCo, a company that sets up shared workspaces for entrepreneurs and small businesses. Coolbroth, who is CEO of the company, has announced plans to open a CoCo space in downtown Fargo in August. Dave Olson/The Forum

FARGO – CoCo, a Twin Cities company that sets up shared workspaces for budding entrepreneurs and small businesses, is teaming up with a local digital-media company to establish a collaborative space in downtown Fargo.

CoCo Fargo, as the space is being called, is expected to open in early August in a 6,000-square-foot space at the Merchants National Bank Building, 122½ N. Broadway.

The new CoCo location, the company’s first outside of the Twin Cities, is the result of years of effort by the Greater Fargo Moorhead Economic Development Corp., the Kilbourne Group and the founders of Emerging Prairie, a Fargo-based media company committed to fostering an entrepreneurial-friendly environment in the upper Great Plains.

Under an arrangement announced Wednesday morning, CoCo will manage the Fargo space and membership, while Emerging Prairie will organize events.

“We are committed to supporting the entrepreneurial ecosystem,” said Greg Tehven, co-founder of Emerging Prairie. “We believe that a collaborative work space improves the work experience for people, especially entrepreneurs,” he added.

It is expected the collaborative space will accommodate 100 members, including space for individuals and small startups.

CoCo CEO Kyle Coolbroth said the company was honored to be invited to Fargo.

“There’s an extraordinary level of enthusiasm and commitment in this city. Our goal is to actively support all those who want to build new businesses and help Fargo grow,” he said.

Dave Olson
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