A business incubator provides a nurturing environment where businesses can develop and grow. According to the National Business Incubation Association, the overall success rate for businesses that begin in an incubator is 80 percent. Light manufacturing, assembly, and service businesses are housed in incubators.
Tenants have access to shared equipment and resources which enable the firm to keep costs lower.
How to Apply for Tenancy Contact the Director by telephone or mail to schedule an appointment to tour thethe facility. The Incubator Advisory Board will review your business plan. With their approval, your rental agreement will be completed and a mentor will be assigned to work with you as you develop and grow your business. This program extends incubator services to businesses that aren't physically located in the facility. This allows the business to have access to low cost services, presents a professional image, and may prevent zoning violations.