Venture Incubator delivers quality entrepreneur training tailored to fit the needs of each participating local community and entrepreneur by coordinating resources from existing local and state economic development organizations and our network of seasoned business professionals.
A key ingredient in our plan is to help mobilize the wealth of business knowledge in partnering communities. We will help to recruit and train mentors who are experienced in the challenges of starting and managing a business. Our experience shows that these individuals are anxious to give back to the local community that has contributed significantly to their success.
With that in mind, Venture Incubator has found that our most effective partners are the local economic development and business development organizations. By acting as a catalyst in promoting the success of emerging and existing businesses, local economic development organizations create a culture of success that will reap rewards for many years to come.
Our Strategies Include
- Joint ventures with existing economic development entities
- Partnerships with MTA, MDA, PPDs, MESC, workforce investment funding sources, etc.
- Facilities, technology and expertise from partnering organizations and businesses
- Local institutions benefit from training local business owners
- Statewide network of seasoned business professionals anxious to give back to their state
- Local network of retired or experienced business professionals
Funding for Venture Incubator comes from Four basic sources:
- Participant Fees
- Workforce development funds
- Grants
- Scholarships from businesses and individuals
Growing a business can be a very lonely experience. Our mission is the stand beside those who are experiencing challenges to help them maneuver successfully through those challenges.