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Incubator Services
All SBTDC incubator products are customized to the needs
of our client. Our reports are designed to compliment our
other business education services. Prices listed reflect
the average charge per project and may vary based on the scope
of the work involved.
- Complete Incubator Feasibility Studies are designed
to gauge the operational and financial feasibility of developing
a small business incubator. Local and regional economic
activity, entrepreneurial development, commercial real estate
occupancy, and the opinions of local entrepreneurs are all
evaluated to estimate the level of demand for business incubation
services. Construction/renovation costs, anticipated operating
expenses, potential revenue generation and the necessary
seed funding/subsidy isprojected over a three-year period
to determine the project's financial viability.
- Incubator Market Viability Studies are comprised
of much the same information included in the feasibility
studies but are geared toward communities that are in the
exploratory phase of determining whether or not to move
forward with an incubator. Local and regional economic activity,
entrepreneurial development, commercial real estate occupancy
and the opinions of local entrepreneurs are all evaluated
to estimate the level of demand for business incubation
services. The financial feasibility of the project (whether
the project's projected cash flow of client revenue can
match the anticipated debt and operational costs) is not
evaluated in order to provide more flexibility or communities
in the exploratory phase.
- Financial Feasibility Analyses are cash flow projections
designed to assist communities that have gone through the
Market Viability Study process, made initial decisions about
potential site locations, services, staffing and financing
options, and who would now like to determine the project's
financial feasibility. Construction/renovation costs, anticipated
operating expenses, potential revenue generation and the
necessary seed funding/subsidy are projected over a three-year
period to determine the project's financial viability.
- Strategy Formulation for Designing the Right Incubator
for Your Community is a proven series of strategic planning
tools to facilitate discussion among members of a Steering
Committee, incubator advocates and community stakeholders.
The purpose of these half, full, or multi-day sessions is
to reach consensus on the purpose, goals, objectives, and
expectations of the project; to identify potential resources
and partners for the incubator; and to develop facility
scenarios. These decisions help drive a realistic set of
cash flow projections to be used in the financial feasibility
analysis.
For more information, contact the SBTDC
at incubator.service@sbtdc.org
or phone us at 919.715.7272 (or in North Carolina, 800.258.0862).
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