It turns the entire numbers upside down. The venture began a year ago, he said, and is an offshoot of Arizona Technology Incubator in Scottsdale, an economic development tool headed up by advisory boards comprised of business leaders, city and state officials, and university scholars. ATI Scottsdale opened in July 1992 to provide the services small businesses need to succeed.
People have certain areas of expertise.
Our experience is that people starting up a business are very good in one area - they might be a good tech, but not a marketer. A second business is making its way through the screening process now. Marks said the businesses that make it into the incubator must meet a number of criteria that will insure success in the supportive environment. PVTI will partner with Scottsdale's ATI in the incubator venture, and will offer its services to the newborn businesses free of charge. It's paid for.