Incubation Resources: Midway Business Center
Incubator Name: Midway Business Center
Address: 109 N. Graham Street, Suite 200, Chapel Hill, North Carolina 27516
Phone/Fax: (919) 967-8779 (Tel), (919) 967-0710 (Fax)
Year Established: 2000
Type of Organization: Non-profit
Contact Person: Jeff Caiola, E-Mail: jeff@empowerment-inc.org
Overview: Empowerment Incubator
Strategic Relationships: Chapel Hill-Carrboro Chamber, Durham Technical Community College Small Business Center, Good Work, SBTDC, Kenan-Flagler Business School, UNC Law School, The Women's Business Center
Industries Served: Any but with a special interest in serving low and moderate-income persons, especially minority and women-owned businesses
Special Notes/Restrictions: N/A
Types of Programs/Services Available: The incubator seeks to work with start-up, home-based, and fledgling businesses. To be admitted business must: be willing to share financial information on a regular basis, have a business plan or develop a plan within three months of entering the incubator, and be willing to work with incubator staff, other business owners, and incubator partners to grow their businesses. Businesses can sign an initial lease for 12-months that is renewable up to a total of three years tenancy.
Space: The Business Center includes 13 offices and 2 retail spaces ranging in size from 120 to 500 square feet. Price range is $15-$22 per square foot as well as a conference room, access to computers, fax, copier.
Funding: SBA-backed loans, Good Work, Orange County Loan Fund, Carrboro Revolving Loan Fund
Educational Resources: Incubator Manager, Mentoring Board, UNC Law School students, and Kenan Flagler Students
Administrative/Technology: Shared Office Systems (copier, fax, computer workstation, etc.), High Speed/Broad Band Internet
Other: Conference room and individual mailboxes
Additional Notes: N/A
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