The Maldives’ first coworking space has been inaugurated by the Business Center Corporation (BCC), which was established by presidential decree to facilitate the development of the SME sector and is administered by the Ministry of Economic Development.
The coworking space, called Seed by BCC, was launched by Economic Minister Fayyaz Ismail on Thursday.
According to BCC, the coworking space was created with the necessary equipment for various tasks as well as a pleasant working environment.
The project is a Ministry of Economic Development effort that has received development funding from UNDP Maldives and the Government of Japan, as well as digital partnership support from Dhiraagu. The facility is part of the government’s national pledge to provide opportunities for home-based workers and small businesses.
BCC opened the facility to provide the means for individuals and businesses to obtain affordable workspaces with all the amenities of a working environment. The facility offers a variety of services, including internet, printing, and scanning, which can be rented separately or in combination at hourly, weekly, and monthly rates that have been specifically created with various working personalities and vocations in mind.
The coworking space can accommodate up to 30 individuals at once and can be rented through Seed’s official website, according to BCC.