Cities hope to profit from incubated business

By  Allison Manning

The Columbus Dispatch Friday November 25, 2011

Some central Ohio communities are doing what they can to foster local entrepreneurs, hoping city coffers will benefit when the business hits it big.

While small-business incubators aren’t a new concept, several have popped up in the area recently. The latest, in Powell, opened its doors in July, while New Albany’s Inc@8000 has had tenants since February.

One of New Albany’s earliest tenants, Brad Griffith and his Web development company, Buckeye Interactive, expects to do just that. Griffith moved his business from his home in the spring and has since hired five people. Without the low cost and support of the incubator, he said, he probably wouldn’t have been able to hire that first employee.

“They helped connect us with potential clients and partners and refer a lot of business to us,” he said. “They provide really nice coaching so when we need advice, we can talk to them.”

Full Article

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