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The Founders Den is renting office space to Newsom, a government official.
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"The neighborhood has the infrastructure for artist studios and it's one of the areas that artists are aware has reasonable studio space, " said Eli Ping, one of the founders of Regina Rex gallery, which opened in 2010.
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As Nick developed his relationship with the founders, he was able to prove his knowledge of both the enterprise space and the financial industry.
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Every six months the Founders Den expects to get a new group of entrepreneurs in to rent space as tenants require more room to grow.
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Like Y-Combinator, TechStars and other U.S. incubators, Innovation Works attracts top entrepreneurs and engineering talent with seed funding, office space and high-profile mentoring from the likes of Yahoo co-founder Jerry Yang and Guitar Hero founders Kai and Charles Huang.
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