THE EDGE CONNECTION MICRO BUSINESS CENTER BUSINESS AND KITCHEN INCUBATOR MODELS What is The Edge Connection? The Edge Connection: A nationally known entrepreneurial center formed.
Download ReportTranscript THE EDGE CONNECTION MICRO BUSINESS CENTER BUSINESS AND KITCHEN INCUBATOR MODELS What is The Edge Connection? The Edge Connection: A nationally known entrepreneurial center formed.
THE EDGE CONNECTION MICRO BUSINESS CENTER BUSINESS AND KITCHEN INCUBATOR MODELS What is The Edge Connection? The Edge Connection: A nationally known entrepreneurial center formed through a strategic partnership with a commitment to create jobs, sustain the economy and Empowering and Developing, Georgia’s Entrepreneurs. A 15 year old 501 c 3 organization in a strategic partnership and Center of Excellence at Coles College of Business, Kennesaw State University. Since 2004 has been an SBA Women’s Business Center serving 350 people annually. Since 2007 operated a shared business incubator in our office suite. Since 2011 operates the first non-profit Shared Kitchen Incubator in the state: The Edge Kitchen. THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Community- Campus Partnership THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Mission As an SBA resource partner, we promote economic self-sufficiency and self-determination through comprehensive entrepreneurial training and economic impact. THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 United States Small Business Administration- Women’s Business Ownership The Edge Connection is one of 100 SBA Women Business Centers in the country: Training and Technical Assistance Financial Assistance and Access to Capital Contracting and Procurement Assistance Business Services and Consultation Business Incubation Models THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Target Market Low-to-Moderate Income Women and Men Veterans Disabled 61% unemployed 78% women 67% women are single head of household 75% minorities 10% Veterans 78% low income - moderate Serving 31 urban and rural counties Five Program Services Exploring Entrepreneurship: 6 hour exploratory feasibility study. Plan For Profit: 16 week course in Business Analysis, Marketing for Success, Financial Planning, Access to Capital. Advanced Plan Business Course: Procurement Contracts and Certification for supply chains, and access to large sums of capital. Kitchen Incubator Services: Shared commercial kitchen and business development training. Shared Business Incubator Services: Shared office space with computers, access to technology, library, mail boxes, consultants, printing and fax services. THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Business Development Office THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Business Incubator THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 The Edge Kitchen A non-profit shared kitchen incubator for food entrepreneurs with a mission to provide a certified facility and comprehensive business development services to support the growth and sustainability of food producers. THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Services Affordable leasing space Marketplace Security and Camera Classes and workshops in System Free utilities Free trash removal Dry and Cold Storage Conference Room Computer Lab the industry Business development services Access to new markets Access to capital THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Goals of the Incubators Provide a business setting for start-up businesses. Provide a legal and licensed facility for food producers. Support in growing the food related business. Job creation. New business licenses. Opening new store front businesses. Economic impact. Increased tax base. THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Metrics Served approximately 2,700 clients in business training and technical assistance Provided more than 85,000 hours or consultation/training services since inception 70% of documented clients served have launched or grown business ventures One-year outcomes tell us 95% of polled businesses are still in operation 64% of business owners reporting an increase in sales and 48% reporting an increase in income THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Metrics Three-year outcomes tell us 79% of polled businesses are still in operation 54% of business owners reporting an increase in sales and 52% reporting an increase in income Nationally, 34% of businesses fail after two years* * U.S. Small Business Administration THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636 Contact Information Contact Us www.theedgeconnection.com www.theedgekitchen.com 770-499-3228 The Edge Connection Coles College of Business Kennesaw State University 1000 Chastain Rd, #3305 Kennesaw, GA 30144-5588 THE EDGE CONNECTION Coles College of Business Kennesaw State University 1000 Chastain Rd. #3305 Kennesaw, GA 30144-5588 [p] 770-499-3228 [f] 770-499-3636