Frequently Asked Questions
What type of company should consider locating in an incubator?
Business incubation in New Jersey is designed to support companies with high growth potential. Potential clients include entrepreneurs who:
- Have developed a business plan.
- Currently maintain home businesses and need to expand to a professional environment.
- Need conference space.
- Need graded technology equipment.
- Need professional resource connections.
What is the application process for Incubators at BCC?
For an application, please schedule an appointment by calling (856) 222-9311, ext. 2800.
At what point in an entrepreneurial startup process should the applicant apply to the Incubators for rental space?
Startup companies considered for occupancy have been legally organized and generally show sufficient funds to support the efforts of the enterprise for at least one year.
What kind of workspace resources does Incubators at BCC provide?
Whereas most business incubators throughout the country are housed in vacant industrial buildings or converted schools, Incubators at BCC was designed and built as an incubator. Because the building is 100 percent wired with cabling, each entrepreneurial company has access to telephone, fax and data connections. Clustered at the Incubators center are shared equipment and facilities, including a technology library, conference rooms, kitchen, lounge area and duplicating, fax and mail services.
At times of full occupancy, are there other avenues of help available to startup entrepreneurs?
Incubators at BCC serve onsite and virtual clients. Onsite clients include those who physically occupy office and/or laboratory space at 100 Technology Way. Virtual clients do not occupy office space, but do gain specified privileges such as access to the Incubators business address, use of common facilities (i.e. copier, fax, mail and package delivery), and resource/library with Internet-accessible computers. Virtual clients may also use the Incubators conference rooms by appointment and have access to the mentoring, consulting, and networking resources.
When are companies expected to "graduate" out of the Incubators?
Since the first three years of any startup are typically the most critical, most companies should plan to take advantage of the Incubators low market rent and business services for three to five years. As businesses become self-sufficient and can contribute to the economic growth of the region, other early-stage enterprises take their place. Graduates are encouraged to continue drawing upon the mentoring, consulting, and networking resources.
When can I tour the facility?
Tours are offered at your convenience. Please contact Stacy Hunt at (856) 222-9311, ext. 2800 or firstname.lastname@example.org.