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Resources

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FAQ

The Nashville Business Incubation Center is an Entrepreneurship Program.  Participation in the traditional incubation program includes rental space in the center.  Below is information on program participation.

  • What is the selection process?  All applicants must submit an application package.  NBIC staff will review your application for completeness.  The admissions committee will make a final decision regarding your business’ acceptance into the program.
  • What is the selection criteria? Preference is given to businesses that meet the goals of the incubation program.
  • How long is the incubation period?  Participants may stay at the Center a maximum of five (5) year.  Annual lease renewal will be at the option and discretion of the board of directors based on recommendation from the Executive Director.
  • What kinds of businesses are eligible?  Start-up or existing businesses, corporate, partnership or sole proprietorship, inventors, for-profit and non-polluting industries are welcome to apply for any incubation program.
  • What kinds of businesses are excluded?  Retail, branches, affiliates, franchises, and subsidiary operations are not allowed to participate in the NBIC program.
  • What are tenant requirements?  All traditional incubating clients must submit a business operating permit, have their own furnishings (unless in the Acorn Suites) and equipment, liability insurance as described in the lease, must maintain utility connection for the duration of tenancy.
  • Do I have to stay one year?  No, you may terminate your lease with a 60-day written notice.
  • Can my participation be terminated in less than a year?  Yes, with a 60-day written notice.
  • Can I participate in the program if I do not need office space?  Yes, the Incubator Without Walls program is designed for virtual clients and does not have a residency requirement.

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HELPFUL LINKS

Local

State

Federal

Funding

Certification

Other Service Providers

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