
If you're an entrepreneur, Lexington
Business Centre might be the ideal place for your new or emerging
company to grow and prosper. We're a full-service business
incubator that can supply your small, entrepreneurial company with
advantages and resources to help create new jobs, generate capital
and facilitate future growth.
As a Lexington Business Centre
tenant, you'll appreciate many amenities; some of which include:
- Affordable space in a prime
location
- 24 hour building access
- Mail sorted
- UPS services
- FAX and copy machines
- Business support systems
- An internal support network
- Central, state-of-the-art telephone
system
- Fully equipped training room
facility with audiovisual equipment and overhead projector
- Access to community business
and financial leaders
- Flexibility in leasing terms
- A clean working environment
- Common area building maintenance
- Access to a receiving dock
and forklift
Our
Goal is Your Success:
That's why we reduce your overhead
by providing everything you need to be competitive while on a budget. Lexington Business Centre caters to service and light manufacturing
businesses that meet these criteria:
- Start-up or young companies
needing incubator services to grow
- Likely to create employment
- High growth potential
- Locally owned and operated
- Management who will participate
in our programs and activities
How
Long is the Incubation Process?
As your business grows and matures
you'll reach a point where you no longer need the services of an incubator.
At that time, you'll graduate from the Centre and move your established
business into the community. Most companies stay at the Centre
between one and five years - depending on their level of growth and
profitability.
Do
Small Business Incubators Really Work?
The success rate of our graduates
is very high. In fact, international research shows that 80%
of the businesses nurtured in incubators survive, as opposed to an
80% failure rate within five years for small businesses that were
not provided incubator assistance. Since our inception in 1991,
The Lexington Business Centre has graduated over 45 successful companies. Small business incubation is most definitely a viable economic development
tool.
For more information on small business incubators and additional resources go to score.org and sbdc.org.
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