- Building a successful business can be challenging especially if you don't have experience.
That's why some owners turn to business incubators. They offer space for start-up companies to develop and share resources.
A new business incubator in Vilas County will open soon. The 13,000 square foot building was originally a 7 UP distribution center.
"People have ideas and we can be the vehicle for them to develop those ideas into a functional or profitable business," says Bob Egan, Executive Director Vilas County Economic Development Corporation.
This incubator focuses on helping start up manufacturing companies. But it's not just a place to host companies. It also offers resources including mentors.
"The key element to success is having a really really proactive business plan moving forward, and that requires legal advice marketing advice, insurance advice, all kinds of that," says Barry McLeane, Project Manager for Eagle River and Manitowish Waters Incubators.
"That's what we do we've got a extensive list of advisors that help with all of those processes," says McLeane.
The new business incubator will open early next year.
Written By: Dan McKinney