In the S.E.E.D. Incubator Program, businesses will have access to the S.E.E.D. Facility with services and equipment that they may need to run their business. These services are provided at no charge for an initial time period, approximately six months, and then at a reduced rate. Have basic start-up supplies and materials 5 or more similar or complimentary businesses in the incubator can form Small business Units that are eligible for additional services. Each Small Business Unit is assigned a mentor and receives concentrated marketing assistance from S.E.E.D. staff. Part of the marketing services offered include assistance with obtaining clients and government contracts for the businesses in the Small Business Units.
Community development depends heavily on small businesses.
Many businesses fail during the first several years of operation because they lack the capital and proper management to develop them fully. This is where small business incubators come in.