Incubator for tech companies set to open in Reno’s downtown
Posted Monday, August 31st, 2009Ky Good doesn’t want anyone to settle in at the new business incubator in downtown Reno.
“These are entrepreneurs. I don’t want them comfortable. I want them working and out of there,” says Good, who’s spent three years as one of the organizers of the nonprofit incubator.
Its doors open Tuesday.
The project dubbed C4CUBE” — that’s short for “Center for Unique Business Enterprises” — is designed to move startup technology companies as quickly as possible into successful stand-alone businesses.
About 30 companies are likely to be housed at any time in the 12,000-square-foot CUBE incubator at 300 E. 2nd Street, an office building that overlooks the Reno Aces Ballpark.
Most of those companies, Good said, will call the incubator home for 15 to 36 months as they tap into services ranging from intellectual property lawyers to experts in venture capital.
They’ll wrap up their stay when they’re ready to win backing from venture capitalists, angel investment groups or other investors.
Organizers expect the new companies will create about 300 jobs within the next couple of years. Read more:
