Business Incubator Requirements

To be considered as a business incubator resident your company must complete the Qualification Form. Please note that the Qualification Form requires the submission of an executive summary of your business plan, which must include information on how your company meets the requirements for admission.

Below are the requirements for admission to the DMC:

• A realistic business and marketing plan reflecting the potential to grow the business and become a leading player in their market segment.
• Reasonable credit history and adequate financial resources to remain in business for at least six (6) months.
• A strong entrepreneurial management team with experience in the industry and at least one full-time employee working in the position.
• A match between the needs of your company and the resources available within the incubator program and the community.
• Not in direct competition with other incubator clients.
• A product or service that represents a unique technology that can create a competitive advantage.
• No legal claims or lawsuits pending against the business.
• The potential for multiple job creation at wages higher than the county average.
• Plans to locate in surrounding area and stay for at least three (3) years.