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What is an Incubator?

An incubator is a business support process designed to assist start-up and emerging businesses.

While emphasis is on providing flexible space for tenants, business support via coaching, access

to financing and a host of other services are available. The SIUC Small usiness Incubator

provides traditional incubation support services and no! includes affiliate and shared e"uipment

lab support.

What is Incubation?

According to the #ational usiness Incubation Association, business incubation is a d$namic

process of business enterprise development. An incubator is an organi%ation that is set up to

help foster business enterprise development. Incubators help $oung firms get started and survive

at times !hen the$ are most vulnerable.

The primar$ goal of a business incubator is to produce successful businesses that graduate into

the region. The$ offer shared services, access to e"uipment, flexible leases, and expandable

space. &an$ incubators are located near other services that are valuable to an incubating

business. 'or example, the SIUC usiness Incubator (rogram has the )ffice of *conomic and

+egional evelopment, the Illinois Small usiness evelopment and International Trade Center,

and the Illinois &anufacturing *xtension Center housed in the unn-+ichmond *conomic

evelopment Center.

Why should I join the SIUC Small Business Incubator Program?

The SIUC Small usiness Incubator (rogram is here to provide the guidance and consulting

necessar$ to mae sure $our start-up or expanding business has the right tools necessar$ to

succeed. As a member of the #ational usiness Incubation Association, the SIUC Small

usiness Incubation (rogram has the experience necessar$ to tae $our business under our

!ing. With more than / successful graduates emerging from this program, !e are one of the

most successful business incubation programs in southern Illinois.

Affiliate Incubator Program

The Affiliate Incubation (rogram is a ne! program of the SIU Carbondale Small usiness

Incubator. It !ill allo! entrepreneurs and small businesses to utili%e all the resources available

!ithin the unn-+ichmond *conomic evelopment Center !ithout re"uiring tenanc$. All affiliate

clients must submit an application and meet eligibilit$ re"uirements. 'or more information, chec

out our fl$er.

Small Business Development Centers

Small Business Development Centers (SBDCs)provide assistance to small

businesses and aspiring entrepreneurs throughout the United States and its

territories. SBDCs help entrepreneurs realize the dream of business ownership

and help existing businesses remain competitive in a complex ever!changing

global mar"etplace. SBDCs are hosted b# leading universities and state

http://incubator.siu.edu/_common/docs/Final_2014_SBDC_IncubatorFlyer_MAROON.pdfhttp://incubator.siu.edu/_common/docs/Final_2014_SBDC_IncubatorFlyer_MAROON.pdfhttp://americassbdc.org/http://americassbdc.org/http://incubator.siu.edu/_common/docs/Final_2014_SBDC_IncubatorFlyer_MAROON.pdfhttp://incubator.siu.edu/_common/docs/Final_2014_SBDC_IncubatorFlyer_MAROON.pdf

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economic development agencies and funded in part through a partnership with

SB$.

SBDC advisors provide aspiring and current small business owners a variet# of

free business consulting and low!cost training services including% business plandevelopment manufacturing assistance financial pac"aging and lending

assistance exporting and importing support disaster recover# assistance

procurement and contracting aid mar"et research help &(a) program support

and healthcare guidance.

'ith dozens of host networ"s branching out with hundreds of service deliver#

points throughout the U.S. the District of Columbia uam uerto *ico

$merican Samoa and the U.S. +irgin ,slands SBDC assistance is available

virtuall# an#where.