Advantages

The CTTC Incubator

The Carbondale Technology Transfer Center can provide a new tenant with facility space in its Small Business Incubator. The facility can have as little or as much space as is needed for start-up and for room to expand. No long-term lease is required and basic utilities are included in the Center's low rents.

Shared Services

A new business tenant in the Center's incubator will benefit from shared services that will cut costs and reduce risks. For example, the Center has a computer work room with Internet access and business database capabilities. A conference room and receptionist and secretarial services are also available.

Business Service Center (Helping your Home Based or Off-Site Business Succeed)

The Carbondale Technology Transfer Center is now able to offer to any business person or group the start-up essentials that are needed to launch a new business enterprise. Occupancy at the Center is not required to take advantage of these services. With its new Business Service Center, CTTC can provide a wide range of state-of-the-art technology services at very affordable prices. Included are use of the Center's secretarial and receptionist services; use of its conference room and videoconferencing capabilities; access to the Internet and computer databases; copier, fax, computer and typewriter usage, and business development and financing services.

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Early Stage Financing

The CTTC makes low-interest loans and venture capital available to new business enterprises. Funding can be obtained earlier than through traditional sources with interest rates as low as three percent. Length of loans is flexible and even working capital can be financed.

Third Party Match-Up Programs

The Center can help small high technology firms identify and apply for the federal government's Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR) and other research and development programs which encourage cooperation with various federal research facilities to develop new products. CTTC also can identify for new firms qualified researchers, consultants, special testing and lab equipment and facilities.

Business Assistance Services

CTTC is able to assist new tenants with their business plans, marketing and feasibility studies, preparation of their loan package and guidance in electronic commerce. The Center also helps new firms to obtain financing by making them aware of all potential funding sources, including the Center's own Start-Up Fund, the Carbondale Enterprise Development Zone's revolving loan funds and various state financing programs offering preferred rates and status.

Technical Assistance

The Center continues to provide technical assistance to companies working with various technology applications. The CTTC has maintained linkages to the staff, facilities and equipment of federal laboratories. The Center also maintains relationships with the local offices of the Ben Franklin Program, PENNTAP, the Industrial Resource Center. Tenants will be referred to these agencies for assistance where appropriate.

Support is also offered through Penn State Extension which includes helpful information for food Entrepreneurs (including a listing for The Kitchen Incubator at CTTC.)

Points of Interest


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