James Willamor via Foter.com / CC BY-SA
Cecil County continues to make progress in operating a business incubator for start-ups, with the president of Cecil College offering space.
“Not only do entrepreneurs provide a diversified economic base, they create local jobs,” stated Cecil County Executive Tari Moore. “We’re encouraged by the data from the study that indicates a business incubator program would be a good fit for Cecil County.”
Incubators offer start-ups low-cost office space and services, with the goal of the enterprise moving outside the incubator.
The study recommended the development of this program be implemented in three steps: creation of co-working space, creation of “incubator space,” and development of multi-tenant space.
An advisory board has been created to oversee the development of this step. The board will oversee the mechanics, funding, and promotion of the co-working space and the solicitation of a Director/Navigator to manage the center.
In a related development, Dr. Mary Bolt, president of Cecil College, has offered space at Cecil College’s Elkton Station as a potential co-working space.
“Business incubators encourage the development of new business within the local community, and Cecil College is highly supportive of incubator space at Elkton Station. As a result of its activities, a new business adds life, services and revenue to a community. Cecil College and the business both contribute to the revitalization of the economy and enhancement of the quality of life for those who live and work in the region,” added Bolt.
Anyone interested in volunteering as the Director/Navigator or who would like more general information about the program should contact Susan O’Neill with the Office of Economic Development at 410-996-6292 or soneill@ccgov.org.
