Entrepreneurs interested in becoming
a part of the incubator begin by completing an application and providing a business plan with financial and growth projections.
Residential Tenant Criteria Checklist
Viable Market & Full Time Business: The business's product or service should have an identifiable market and be operated as a full time business (the expectation being the entrepreneur would be at the incubator regularly working on the business).
Entrepreneurial Capabilities: The entrepreneur should
have adequate technical education or business experience to
exploit the technology or new business idea.
Job Creation: The company should create local jobs with better than average wages and
contribute to economic development.
Growth Potential: The company should have the potential
to reach significant revenue levels; it should expect to have growth sufficient for it to graduate from the incubator
in 2-3 years and continue growing thereafter.
Written Business Plan: The business plan should include
market analysis, financial projections, funding requirements,
management team background and related information.
The following businesses would generally be ineligible to become Residential Tenants, but could still work with the CBD as Virtual Tenants:
Restaurants, Retail, Resellers (unless there is significant consultant or training services), Franchises, Multi-level Marketing, Oil/Gas exploration businesses, Real Estate management or investment, Sales or branch offices and Personal Service businesses (though consulting services specifically focused on technology might be acceptable, e.g., grant writers, Web site developers, CFO/COO consultants).
If you are interested in completing an application for the
Business Incubator or need additional information about the
process, contact Ron Duggins or Brad Rickelman at 405.377.2220.
|
