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Incubators in the News

October 12, 2001


Capital Valley Ventures, a business accelerator with a three-month training program for tech entrepreneurs, is coming to the Sacramento region, the Sacramento Bee reported. The venture is being spearheaded by Jack Crawford Jr., founder of NetLink, NetSource, 2Publish and Campus Engine. Crawford reportedly plans to start a workshop series capable of holding 25 people interested in beginning new businesses. The series, scheduled to begin this month, will involve three-hour sessions held once a month for three months and offer training on raising capital, forming a management team and generating revenues. More information is available at: http://www.capitalvalleyventures.com 


An agricultural incubator is in the works for Columbus, Ga., and the surrounding area, according to the Columbus Ledger-Enquirer. The area has received $500,000 from the One Georgia Fund (tobacco settlement money) but needs $2.1 million to complete the project. To receive additional One Georgia money, the remainder of the funding has to be secured, most likely through fund raising efforts. Goals for the incubator, which may house up to 10 start-up companies, include bringing in new businesses, growing businesses and increasing entrepreneurial development. 


Downtown Tulsa will witness on Oct. 17 the grand opening of the Enterprise Center, a business accelerator to lease 13,200 sq. ft. of office space and facilitate technology start-ups, the Tulsa World reported. The center recently was unofficially opened by the Oklahoma Technology Commercialization Center (OTCC), a private, non-profit corporation funded by the state and based in Oklahoma City. Occupants of the Enterprise Center will be able to utilize teleconferencing and videoconferencing technology and an inter-office wireless network. Occupants also may apply for funding from OTCC's Business Finance Program. 


Virginia Tech, three private firms specializing in technology start-ups, and other private investors have combined for almost $2 million to establish VT KnowledgeWorks, the Roanoke Times reported. The new business accelerator is expected to spur the creation of more than 40 new companies in the next five years, giving Southwest Virginia an economic boost. Officials at Virginia Tech Intellectual Properties reportedly will work with the three partnering firms – LaunchFuel, Redleaf and eIncubator – to name the potential new companies.