Incubators & Co-Working Spaces
When deciding where to locate your business, an incubator or co-working space may be the right decision for you. Incubators are unique in that they focus primarily on start-up and early-stage companies, providing all of the resources necessary to establish and build a successful business. Similarly, co-working spaces offer a location for independent workers and entrepreneurs who desire community and synergy by providing collaboration and basic office supplies.
What is an incubator?
Incubators are typically industry-specific and provide a location for you to start your business with low overhead costs and a variety of other amenities. An incubator generally provides business mentoring, focusing on the development of strong business plans, financial management techniques, marketing strategies, networking activities, and funding opportunities. In addition, incubators provide a low-cost location with a variety of features ranging from conference rooms to answering services to laboratory research facilities.
What is an co-working space?
Co-working spaces provide a physical location to independent workers, such as freelancers and virtual workers who desire a sense of community and collaboration. In addition, meeting space and networking opportunities are typically available, as well as basic business necessities such as Internet access, printing and faxing, and office supplies.
Several incubators are located in the Triangle area:
Entrepreneurial Development Center at NC State University
NC State University Technology Incubator
Corporate Reserach One at Centennial Campus
1021 Main Campus Drive, Suite 300
Raleigh, NC 27606
919.515.0766
techincubator.ncsu.edu
Services: 14,000 square feet of 18 individual Class A offices, 10 wet chemistry laboratories, access to business planning and financial advice, commercialization support, and access to NC State University resources
Triangle Executive Suites
3200 Beechleaf Court, Suite 100
Raleigh, NC 27604
919.424.8300
www.triangleexecutivesuites.com
Diverse group of entrepreneurs
Services: Answering service, conference room, copier, fax support services, kitchen, and conducts seminars and workshops for tenants
Raleigh Business and Technology Center
900 S. Wilmington St.
Raleigh, NC 27601
919.836.8618
www.raleighbtc.org
Services: Assists new and existing smaller businesses in areas critical to growth with cost-effective office space and administrative services.
First Flight Venture Center
Science and Technology Incubator
2 Davis Drive
Research Triangle Park, NC 27709
919.990.8558
www.ffvcnc.org
Services: Nearly 16,000 square feet of affordable office and laboratory space with flexible lease terms, business and technology support services, management guidance, and counseling.
The Raleigh Forum
Entrepreneurial Co-working Space
208 S. Wilmington St.
Raleigh, NC 27601
www.theraleighforum.com
Services: Rentable working space and conference room, wireless Internet access, printing and faxing, office supplies.