Business Incubator
 

SBA 7a Loan
Prequalification Intermediary

Proud Member

The Baldwin County Incubator Project is the result of an effort to establish a two-year Virtual Incubator Program. After this initial two-year period, the program may evolve into a traditional incubator program, with actual physical and support facilities.

An important part of the Baldwin County incubator is that small business assistance efforts already in place are not duplicated. The incubator will utilize existing small business assistance resources and resource providers in the network concept such as: SCORE, the University of South Alabama, Baldwin County Library Cooperative, Faulkner State Community College, the five Chambers of Commerce in Baldwin County, and the eight local Industrial Development Boards. Entrepreneurial services and programs that are not being provided but will be addressed by the incubator may include:

• Access to Seed/Venture Capital.
• Micro-Loans.
• Technology Transfer and Collaboration.
• Free/Discounted Professional Services.
• Technical Assistance.
• Shared Services.
• Process Development and Engineering Assistance.
• Access to Equipment and Facilities of Local Institutions.
• Product Development: Rapid Prototyping, Robotics, etc.
• Internet Access and Video Conferencing.
• Continuing Education at University of South Alabama and Faulkner State.

Professional service providers in the program will be encouraged to offer their services according to the discount schedule shown below. Each provider will then commit to at least 100 hours per year in services to certified clients of the incubator. These hours may include time put in by the partners, associates, or junior members of a firm.