One problem many new home-based entrepreneurs and start-up business owners face is an overabundance of enthusiasm and a shortage of actual business know-how. That's where a dynamic process of business enterprise development known as business incubation comes in. It is one of the more effective and popular techniques to help entrepreneurs and start-up business firms survive and prosper during their early years -- when they are most vulnerable.
Oklahoma Department of Career and Technology(CareerTech) business incubators are facilities designed to assist with the development and start-up success of Oklahoma businesses. By providing affordable lease space and a wide array of on-site managerial, administrative and financial services, our incubators assist entrepreneurs and small business owners in overcoming challenges faced in the marketplace.
MAXIMIZE YOUR SUCCESS
Oklahoma CareerTech has a total of 11 certified business incubators strategically located at technology centers around the state. Each has undergone a thorough review by the Oklahoma Department of Commerce prior to their certification. According to the National Business Incubation Association, the overall success rate for businesses that begin in an incubator is 80 percent.
BENEFIT TO YOUR BOTTOM LINE
Not only do you get cost effective lease rates, we also provide business development services such as financial consulting and marketing assistance. There’s also a state tax liability exemption on income earned as a result of activities conducted as an occupant in one of our incubators for up to ten years. We can also provide the following:
- Hands-on management assistance
- Access to financing
- Business and technical support services
- Shared office space, access to equipment on a pay-as-you-go basis
- Warehousing and manufacturing space
- Common loading docks
- Break room facilities
- Common reception area
Partnering with your local technology can open up a world of possibilities that can help your company grow, expand and become more profitable. We can provide quality, customized training in many areas including Safety and Health, Existing Industry and Training for Industry. Check us out online and discover what the Oklahoma Department of Career and Technology can do for you.