“A home away from home” for small business providing education, support and below-market rates on professional space to small businesses in a “Mixed-Use Incubator” setting.
Business incubators nurture the development of entrepreneurial companies, helping them survive and grow during their start-up period when they are most vulnerable to failure. According to the National Businesses Incubation Association, businesses that participate in incubators see their rate of survival increase to 87% versus a 44% survival rate for a non-incubated business. Research has shown that for every $1 of estimated public operating subsidy provided the incubator, clients and graduates of incubators generate approximately $30 in local tax revenue alone.
This “economic gardening”, or growing your own businesses locally versus recruiting businesses to an area, has been demonstrated to have greater economic and social benefits to the community as the owners are more committed and involved in their communities and the dollars from these businesses circulate more in the local economy than non-local businesses.
Resources Available to Incubator businesses:
- Office Space
- Business Support Services
- Networking Opportunities
- Convenient Location
- Conference Room
- Free Cable Internet Access
- Multi-Function, Networked Copier
- Extensive Resource Library
- On-line Group Calendar
- Group Product Liability Insurance
- Notary Services
- Low-cost Projector Rental
Full and Part Time Associate Member Options Prices range from $50 to $400 a month. Full time associates work from a private office, and part time associates share a private fully furnished office.
Our conference room is available for rental fee to the public for $15 for the first hour, and $10 for additional hours. Please contact us for more information.
For more information or to add your name to our waiting list, please call or email the Center at (603) 352-5063 or email@example.com.
Participating in programs like the Hannah Grimes Center gives small business owners a distinct advantage. According to “Impact of Incubator Investments Study” (1997), 80% of all new new businesses fail. That percentage flips to 87% of businesses succeeding when affiliated with an incubator!
Office Space currently available:
- Two Occasional–up to ten hours a month for $50
- One Part Time–up to thirty hours a month for $100
- One Part Time shared office for $175 a month
Call to set up a time to see the spaces available! 603.352.5063.