Details for Wc Business Development Corp

1987
2591 Legacy Way, Grand
Junction, CO 81503
(970) 243-5242
www.jgincubator.org

The Business Incubator Center (BIC) is
a non-profit which provides educational
services and business tools to support
the launch, growth, stabilization, and
long-term success of businesses in Mesa
County and the surrounding region. Our
63,000 sq.ft. campus has 35,000 sq.ft.
mixed use tenant space, including light
manufacturing, service, and technology.
We offer high-speed broadband
internet campus-wide, as well as specialty
space features such as overhead doors,
commercial air compressor, mail and
freight delivery and pickup, and shared
office equipment. The campus also houses
a 2,500 sq.ft. licensed commercial
kitchen for the food industry, expanded
GJMakerspace (www.gjmakerspace.org)
which features a laser cutter, 3D printing,
electronics and robotics equipment,
tabletop CNC, industrial sewing machine,
and classes and events for local Makers,
and our satellite coworking space, FWorks
(www.fruitaworks.org), in Fruita, which
offers a variety of amenities, for locationneutral, traveling workers, or locals looking
for a meeting space.
BIC houses an average of 55 tenant
clients on site, including the commercial
kitchen users. The tenants receive
on-site business support services and
have access to low or no cost business
resources, classes, and networking
events. The campus includes the Business
Incubator Program, Commercial Kitchen
Program, Business Loan Fund of Mesa
County (BLF), the Grand Junction Small
Business Development Center (SBDC), the
GJMakerspace, FWorks, and the Mesa
County Enterprise Zone.
During 2018, BIC tenants generated
$12,516,853 in direct revenue and
SBDC assisted clients with $8,719,078 in
capital formation within Mesa County. Total
jobs created or retained in the county actual jobs, not using multipliers - were
334. More than 60 classes and events
were held onsite, SBDC coaches provided
more than 2,000 hours of small business
coaching, the BLF made 18 loans for
more than $1.3 million. Between our
programs, more than 32 successful local
businesses were launched.
BIC was the 2013 International
Business Innovation Association (InBIA)
“Mixed Use Incubator of the Year”
worldwide (we also received the award in
1996, making BIC one of only a handful
of Incubators to win the coveted award
twice), and has been recognized as one
of the Industry’s 50 Best Practices in
Entrepreneurial Business Support.
We are over 75% self-funded and our
client companies have an 82% success
rate of surviving more than 5 years, an
extremely high percentage nationwide, but
we aren’t content to rest on our laurels.
We continually strive to find more and
better ways to support small business
and coordinate efforts with our economic
development and community partners. 6820-1

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