Friday, October 3, 2008

Business Incubator Program

After seeing what the founders of Turbine Flats have done, there has been some discussion of adding in an incubator program into the coworking space. What is a incubator you ask? According the definition from Wikipedia, a business incubator is "designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts." A small start could receive resources to help grow their business that they would not normally get, as quickly or at all, on their own. The thought is to give those in the incubator program an office space. Those who just need space to work can use the open-environment space. This inclusion of the incubator program could open doors for start-ups and entrepreneurial companies which would make the coworking project even more appetizing for potential investors and occupants.

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