I'm keen to hear about this type of thing, but co-located space is nothing special. Is there mentoring, access to angel investors and alumni and events like the YC demo day?

I can raise my own $20k seed money and I can find working space. What I can't do is get decent mentoring and access to networks, which, to me is the secret source of YC.

Still, it's early days, I'll keep track of this with interest.