Incubation Resources: The Ben Craig Center

Incubator Name: The Ben Craig Center, Inc.

Address: 8701 Mallard Creek Road, Charlotte, NC 28262

Phone/Fax: 704 548-1090 fax: 704 548-9050

Year Established: 1986

Type of Organization: Non-profit

Contact Person: Chris Ervin, E-Mail: cervin@bencraigcenter.com

Overview: Technology incubator

Strategic Relationships: UNC Charlotte, Charlotte Partnership for Economic Development

Industries Served: Any

Special Notes/Restrictions: Primary focus is on businesses in Charlotte metro area. Entry requirements include business plan plus 1 year operations, financial stability, and high growth potential. Continued tenancy requirements include sales growth, financial strength and cooperation with staff. Average tenancy 4 years. Currently at maximum occupancy and forecast to remain there for the next 3 years.

Types of Programs/Services Available: Primary focus is on Charlotte Metro technology firms within the computer, medical, or engineering fields. Entry requirements include business plan, 1 year + operations history, financial stability, and high growth potential. Continued tenancy requirements include sales growth, financial strength, and cooperation with staff. Average tenancy is 42 months. Will have slot available in January '01.
Space: 1000, 3000, or 5000 sq. ft. Price range $16 - $17 per sq. ft.

Funding: Relationships with metro area VC groups

Educational Resources: Staff, advisory boards, CEO mentor, and University faculty/students.

Administrative/Technology: Shared Office Systems (phone, copier, fax, etc.), Fiber/DSL Internet access

Other: Seminar rooms, mail processing, storage facility

Additional Notes: N/A

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