Lake agrees to boost business incubator
LEESBURG -- Lake County commissioners agreed to partner with the city and the University of Central Florida to beef up a business incubator in hopes of attracting more start-up companies.
The partnership includes $85,000 in county funds for the UCF Research Foundation to support the incubator's staffing. The incubator, which was created last year, is at the Leesburg Business & Technology Center on Market Street.
This is UCF's first incubator in Lake. It is designed to provide training and infrastructure to upcoming companies. Through an incubator program, businesses have a better chance of thriving, county officials say.
The partnership also includes the combined efforts of the Lake-Sumter Community College Business Resources Center and the Leesburg Chamber of Commerce.