The Business Incubator Center (BIC) programs are designed to accelerate the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services. Client Companies at BIC have access to management guidance, technical assistance and consulting tailored to young, growing companies. In addition to full or part-time rental space and flexible leases, they receive on-going company-specific business coaching, shared basic business services and equipment, technology support services, and assistance in obtaining financing necessary for company growth. One of the most valuable rewards from participation in a BIC’s Program is the community of peer entrepreneurs and staff who will surround you every day. To apply to participate in a BIC Client Company Program, your business must be:
- A business start, in operation for less than 5 years.
- An existing company that has undergone substantial change in ownership or business model within one year of application date.
- A home-based business that is ready to transition to a professional environment.
Apply Now Handbook Afilliate Handbook Fees and Costs vary, depending on if you are a full-time client, or an affiliate client. Companies pay an application fee, and if accepted into the program, full time clients pay a monthly rental based on square footage; affiliates pay based on the number of hours they will occupy their space. Programs are available for daily, weekly or monthly use of space. A Security Deposit of one month’s fee is required.
Client Companies receive help from the following on-site programs at BIC:
- Colorado Small Business Development Center (SBDC), partially funded by the U.S. Small Business Administration, provides business consulting and technical assistance as well as workshops to Mesa County’s small business community. The SBDC can provide information on licensing, legal issues, finance, marketing, intellectual property, and much more. Contact the Front Desk to make an appointment or reserve space in a class.
- The Business Loan Fund is a lending program operated by the Business Incubator Center. The Loan Fund makes commercial loans to qualified for-profit Mesa County businesses that are not able to get their financing needs met by traditional lenders. Any Mesa County business is eligible to apply to the Loan Fund for funding after first exhausting traditional funding sources. In addition the “Incubator Bootstrap Fund” is a loan program only available to Incubator Client Companies. It is designed to provide short-term loans to help finance the expenses associated with completing certain contracts or purchase orders. The Loan Fund Manager is available to consult with Incubator Client Companies on financial issues. Contact the Loan Fund Manager or Associate for an appointment.
- Marketing assistance, including press releases and development of brochures, websites and social media.
Shared services available to Client Companies include:
- Administrative Services, including light secretarial
- Notary Public
- Week-day mail delivery by US Postal Service, sorted into locked mail boxes with 24 hour accessibility; pick-up and delivery by UPS and Fed Ex, as well as mail handling by a bulk mail service
- Shared-Use Equipment, such as central telephone, FAX, color scan/copy/printer
- Postal Scale
- Laptop computer, projector and white screen in conference room
- Projector and screen in large training room
- On-site catering or food may be brought in for events
- Walking trails, grassed areas
- Fully equipped gym with shower
- On-site video lab facilities
- High Speed Internet and wi-fi
- The Legacy Way campus has Manufacturing, Technology, and Service space, and is also within the Mesa County Enterprise Zone. Client companies may qualify for a variety of state tax incentives (see the Enterprise Zone pages of our website for more information)
Educational and networking opportunities abound at both the main campus and Fruita satellite, including:
- Business Over Breakfast, a monthly one hour interactive panel discussion on topics of interest to small business, and includes a light breakfast.
- Open Coffee Club, a casual monthly meeting at a variety of local coffee shops where entrepreneurs and staff discuss issues of interest and network
- Specific Topic Monthly Classes, including taxes, financials and bookkeeping, QuickBooks, licensing, human resources, insurance, and other issues and that benefit small businesses. Client Companies receive discounts on classes.
- Leading Edge, an in-depth 12 week program which covers all aspects of small business including business plans, marketing, research, legal structures, and much more.
- Trade Shows and Showcases, often free of charge
- Open Houses and Socials, including an annual Holiday Open House
- Discount Memberships with some Local Chambers of Commerce
- Free use of Rocky Mountain Business Incubation Association (RMBIA) facilities – throughout the state for meetings, networking, etc. and access to technical assistance
- National Business Incubation Association (NBIA) privileges – discounted payroll services, insurance products specially designed and priced for small businesses, low cost bankcard processing, discounted rates on market information, and many other services.
The basic BIC program is for full-time use of the facility. Rental rates are based on square footage leased, and are on a sliding scale each year in the program, with 5 year graduates paying market rate the final year. There are Affiliate Programs at both the 2591 Legacy Way campus, and our Fruita satellite. Space in Fruita is limited to office at this time. Rental rates are based on the number of hours you will utilize the space.