Consulting firm Booz Allen Hamilton and 1776, a co-working space and so-called incubator for start-ups, are scaling up their partnership to exchange ideas and talent, the two announced Monday.
Booz Allen and 1776 have been collaborating for the past year on various events, such as “hackcelerators” (a combination of “hack-a-thons” and “accelerator”) during which entrepreneurs network and collaborate on projects. Booz Allen also sponsors start-up pitch competitions at 1776.
In the coming months, Booz Allen plans to move a few employees to work out of 1776’s office, both to mentor start-ups and to generate ideas for other clients, Booz Allen vice president Julie McPherson said in an interview. The contractor plans to exchange ideas about new business models and technology with entrepreneurs at the co-working space, occasionally bringing them into Booz Allen’s local offices for presentations.
“As consultants we’re typically side-by-side with our clients trying to solve their hardest problems with them. We realize the economy today and the complexity of the problems our clients are facing is quite frankly increasingly exponentially more difficult,” McPherson said. “This is an opportunity to get greater insights and access into what’s happening in the commercial space, and what’s happening in the entrepreneurial committee . . . and say ‘How does affect and impact our clients and the kinds of problems we’re solving?’ ”
She added that some of Booz Allen’s federal clients might benefit from new technology and an entrepreneurial approach to cybersecurity.
“Seventeen-seventy-six and Booz Allen Hamilton share a belief that teams with mixed backgrounds, perspectives, connections and experience can approach major challenges from all angles to come up with holistic and viable solutions,” Donna Harris, a co-founder of 1776, said in a statement.