Lake Wales Launches BizLINC Small Business Incubator
The City of Lake Wales has established BizLINC, a small business incubator, with a $1 million grant from the Florida Development Corporation. The incubator will provide affordable office space, training, and technical assistance to entrepreneurs. It aims to connect businesses with resources for success and sustainability.
Key points
- The Lake Wales Community Redevelopment Agency approved a $1 million grant for the creation of BizLINC, a small business incubator.
- BizLINC will offer affordable office space, training, and ongoing technical assistance to entrepreneurs and small businesses.
- Derrick Blue, Chief Operating Officer at the Florida Development Corporation, stated that BizLINC will provide an environment for companies to turn innovative ideas into successful businesses.
- The incubator is expected to launch with a promotional meeting on September 17, 2022, at the B Street Community Service Center in Lake Wales, FL.
- Applications are being accepted from businesses, mentors, community partners, and financial partners to participate in the incubator program.
The City of Lake Wales has taken a significant step in supporting local entrepreneurship with the establishment of BizLINC, a small business incubator. Funded by a $1 million grant from the Florida Development Corporation, BizLINC aims to provide a conducive environment for companies to turn innovative ideas into successful businesses.
BizLINC will offer a range of services, including affordable office space, training, and ongoing technical assistance to entrepreneurs and small businesses. This comprehensive approach is designed to connect businesses with the resources they need to achieve success and sustainability.
The incubator's launch is expected to take place with a promotional meeting on September 17, 2022, at the B Street Community Service Center in Lake Wales, FL. The event will provide an opportunity for interested parties to learn more about BizLINC and its services.
Applications are currently being accepted from businesses, mentors, community partners, and financial partners to participate in the incubator program. This initiative is expected to have a positive impact on the local economy and contribute to the growth of small businesses in the area.
Sources
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