What do business incubators offer client entrepreneurs?
An incubator offers office space at lower than standard market rate. It provides a non-home street address that is sometimes a necessity, and often an asset to someone starting a business. Incubators provide access to office support such as a receptionist, copying, faxing, and computer networking and access to a conference room. Another important component is the educational support provided by the incubator and its partners. For the proposed St. Johns County incubator these partners include the Small Business Development Center of the University of North Florida, SCORE, The Business Department of Flagler College, St. Johns River Community College and Jacksonville Area Legal Aid. An additional component is the “entrepreneurial ambient” created by the incubator that overcomes the sense of physical and mental isolation that may negatively impact entrepreneurs working from home or in single offices.
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