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The
Joseph Newman Business and Technology Innovation Center is
an economic development tool designed to accelerate the growth and
success of entrepreneurial companies through an array of business
support resources and services. The centers main goal is to produce
successful firms that will leave the program financially viable
and freestanding.
Innovation
Centers, also known as Incubators, can directly impact the rate
of success during the most difficult times in the start-up of a
new business.
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Honoring
Joplin's shell building pioneer Joseph
Newman, the brick, two-story, early 20th century
building is located on the property west of the Joplin Area
Chamber of Commerce at 320 E 4th Street. The 11,000 square
foot structure showcases a retro technology culture atmosphere
supporting the needs of entrepreneurs and intrapreneurs.
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Incubator
facts....
Statistics
indicate that about 85% of all new companies will fail
within the first three years of operation.
However,
national incubators report that 87% of all firms that
graduate from their incubators are still in business three
years after start-up.
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Shared
services include:
Common
reception area
Modern
conference and board room
High
quality copy machine
Postal
equipment
Break
room
Rest
room
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Professional
services include:
Access
to professional services
Innovation
management
Special
programs
Business
review
Management
review
Networking
opportunities
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Offices |
12 - One person cubicles.
6 - 100 to 400 sq. ft., secured offices |
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Manufacturing |
1 - 850 sq. ft. 1 - 950 sq. ft. |
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Laboratory |
2 - 800 sq. ft. |
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Leasing based on square footage and additional needs and services. Shared
and professional services are included in lease. No long term lease
agreement required. Incubator clients typically graduate within three
years or less. Supply your own furniture or leasing available for
modern office furnishings. |
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