Coworking spaces are on the rise in Europe and worldwide as places that enable more than just shared work space, but also foster community, innovation, and entrepreneurship. They provide peer support and communication through an open, collaborative culture of sharing ideas. This dynamic community environment produces stronger startups and economic value by powering ideas through collective intelligence and recommendations within the network. Coworking spaces are also increasingly supporting innovation and new business through offerings like prototyping facilities and connections to other entrepreneurial ecosystems on local to global levels.