I'm involved in something similar, but slightly less formal here in New Zealand called The Distiller: http://thedistiller.org http://thedistiller.org. We provi

I'm involved in something similar, but slightly less formal here in New Zealand called The Distiller: http://thedistiller.org http://thedistiller.org. We provide an office space and power/internet and run a fortnightly sprint program, but that's it. NZ's an interesting place to start a startup, it's hard to get good funding so you have to bootstrap. It makes things go slower (mostly because to eat one has to contract), which can be intensely frustrating, but it's just a reality here so we have to deal with it. We're really focused on creating a good community of startups, keeping people accountable for their progress to the group, but without any hierarchy etc etc. It's working out pretty well thus far, and we've been learning a lot within the group about how to run something like this since it was founded (not by me, but I've been involved for a little while now).