There are a number of services the incubators can provide to banks with good data about what's happening economically in their neighborhoods and alert banks to the latest neighborhood business trends.
Funding for projects is not a given. Set up and run operational policies and systems in a business like fashion.
These ongoing workshops provided by the incubator will be designed to help the program assess the level of entrepreneurial activity in the area as well as to market the incubator itself. First off, our virtual as well as physical location is opening us up to having more customers than we would have if we were strictly serving customers based on physical locations.
It is the world's leading organization advancing business incubation and entrepreneurship. This would be equivalent to a special introductory offer.
Also, the service based industry is one that requires that we might have to intensely compete with other already established business incubators for clients; however we have put strategies in place that would ensure we create awareness for our business.
How should we structure management assistance services within the program? Establishing a nonprofit public or private corporation that will offer access to the widest range of funding sources. Within our proposal narrative we will discuss the entrepreneurs and prospects we have met, surveyed, and served rather than to speak philosophically about our marketing approach for locating tenant prospects.