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Accelerate a Business

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Utilities and Services

The workspace is now set up with desks, computers, and a small business library.  The center will need basic utilities and services.  A short list for essentials to get the center going is phone, Internet, lights, and water. For a phone line one should use Google...

Choosing A Startup Incubator and Accelerator Location

Now that the center has a business license and bank account it needs to find the perfect location.  The ideal space will be a wide open setting with room enough for a reception area, showroom, and 4-8 tables.  Plus an area for shared business machines, a business...

Starting an Incubation and Acceleration Center

Let’s talk about starting an incubator and accelerator.  First, let’s find out about the type of entity that should be created.  This will depend largely on the amount of personal risk the individual is willing to take.  The incubator and accelerator will encourage...

Business Incubators and Accelerators

An incubator and in the biological sense is a shelter that fosters the growth of organisms.  The example I remember most from my childhood was the one used for chicken eggs.  My sister obtained the incubator and eggs from 4-H.  She incubated them until tiny chicks...

Fix Business Broken Communities

Now let’s look at each of these examples in a community that has a local business incubator and accelerator.  This would be a center very similar to the one I am going to explain how to create, later in this guide. A local 7 year old is shining shoes at the courthouse...

Business Broken Communities

Much like many of the people I speak with, I come from a “Business Broken” community.  The major industries in my area sell less than 1% of their goods and services locally.  This transpires because there is a stigma and lack of support of local goods, brands,...

Startup Mentality

I have always had an entrepreneurial spirit within me.  From the time I was 5 years old, my sisters and I would set up mini convenience stores in our bedrooms.  We would peddle toys, stickers, and other wares to each other in exchange for left over allowance money. By...

Introduction

Introduction Starting an incubator and accelerator will create not one, but multiple, successful new companies. If 18 out of 20 businesses that are  incubated are failures, the 2 companies that do succeed will shower a community in profits, growth and new jobs. Over...