Client Entrance Procedures
After notification of acceptance to the Incubator program, clients should complete the following steps with assistance from the Incubator staff depending on client status – Onsite, Offsite or Virtual.
- Onsite clients are located in an Incubator facility.
- Offsite clients have their own office/laboratory space and pay a monthly fee of $250 for access to all business development, education and networking assistance provided by the Incubator, in addition to access to Incubator conference rooms and equipment (upon request).
- Virtual clients are not yet ready to take residence in the Incubator for any one of a number of reasons. They pay a monthly fee of $300 for access to all business development, education and networking assistance provided by the Incubator, in addition to access to Incubator conference rooms and equipment (upon request). Virtual clients are also provided a phone number and mailbox at the LBTC.
- Completion of "Key/Slide Card Request" form
- Completion of "New Clients Needs Assessment" form if space is required
- Read and submit completed "Agreement Form" for Client Handbook
- Participation in an Orientation Session with the COO (includes tour of facilities, introduction to staff, explanation of program and expectations)
- Submission of a business plan and a copy of business/occupational license within four (4) months of acceptance into the Incubation Program
- Completion of "Client Space Application" form if space is required
- Sign lease for Incubator space and present a check for one (1) month’s rent and a security deposit equal to one month’s rent
- Discuss any intended alterations or additions to the subleased property with Incubator staff. No alterations or additions are to be made without prior approval from the landlord.
- Submission of a copy of business/occupational license within 30 days of taking occupancy in an Incubator facility. License should be displayed in company offices in Incubator also.
- Provide written proof of liability insurance within 90 days of taking residence in the Incubator
- Provide materials safety data sheet for all hazardous materials utilized in business operations
- Completion and submission of a Virtual or Off-Site Client Agreement
- Payment of one month’s subscription fee for services