Does SBA view association with incubators as an appropriate use of operational assistance grant money?
Incubators may be a viable option for assisting young businesses with growth potential through the NMVC program. SBA will review both the proposed uses of the grant money and the structure of the relationship between the NMVCC and the entity housing or sponsoring the incubator. Applicants should be as specific as possible regarding the roles to be assigned when proposing to work with incubators, keeping in mind acceptable uses of operational assistance grant funds.
