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 a 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:
American Underground @ Raleigh Campus
The Underground is a thriving entrepreneurial ecosystem offering solopreneurs, creative teams, and high-growth companies access to a mix of investors, creative collaborators, and work space. American Underground @ Raleigh will boast 25+ startups and be anchored by Bandwidth Labs, the incubator arm of Bandwidth, one of the world’s most cutting edge technology companies headquartered in Raleigh.
The Underground @ Raleigh Campus
213 Fayetteville St.
Raleigh, NC 27601
Co-working sapce for diverse independent creative professionals
307 W. Martin St.
Raleigh, NC 27601
Services: Professional office space, dedicated worshop/project area and gallery to feature product launch partied and receptions.
Entrepreneurial Development Center at NC State University
NC State University Technology Incubator
Corporate Reserach One at Centennial Campus
1017 Main Campus Drive, Suite 2300
Raleigh, NC 27606
Services: 14,000 square feet of 20 individual Class A offices, 10 wet chemistry laboratories, access to business planning and financial advice, commercialization support, and access to NC State University resources
First Flight Venture Center
Science and Technology Incubator
2 Davis Drive
Research Triangle Park, NC 27709
Services: Nearly 20,000 square feet of affordable office and laboratory space with flexible lease terms, business and technology support services, management guidance, and counseling.
Entrepreneurial Co-working Space
711 Hillsborough St., Suite 230
Raleigh, NC 27603
Services: Rentable working space, receptionist, fast Wi-Fi, printer, copier, and conference rooms.
Business incubator program made available through the Morrisville Innovation Foundation.
260 Town Hall Drive, Suite A
Morrisville, NC 27560
Services: Entrepreneurial-targeted educational sessions, mentoring, and connections to individuals and organizations providing access to capital
Business Incubator for Simulation, Gaming and Defense Technologies.
308 Judd Place Dr.
Fuquay Varina, NC 27526
Services: Affordable full-furnished office space, design studio and shared conference room.