Aren't you just taking existing companies from other parts of the community and moving them into your facility at 'below' market rates? |
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| Answer: |
Our mission is to help entrepreneurs create successful businesses. We assist businesses in all stages of development in their efforts to become successful. That is why the CEE program and the Innovation Center were created and why we have both resident and affiliate clients. Incubator best practices suggest cost of space should be stepped in parallel with the market. We do everything we can to maintain stable monthly charges to assist our clients with predictable monthly cash flow. The package of business assistance, mentorship, space, and client synergy is the benefit of incubation, not cheap rent. In order to fully serve the nascent idea marketplace, more early stage venture capital needs to be accessible in the Region. |
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