What is a retail incubator? Half of all new business upstarts fail within the first year. Seven in 10 ultimately fail. The goal of a retail incubator is to bend the stats of small business success more into a positive direction.
A thriving economy brings in all sorts of development, including retail and other service businesses. But what many communities now understand is upstart retail development sometimes needs to be nurtured, coaxed and urged to secure success. The incubator concept would provide a rotating lineup of up-and-coming local small business concepts. This program would allow entrepreneurs to plan, build and develop new retail ideas in a low-risk, supportive space that fosters learning and growth. The goal is to curate and support retail concepts and allow upstarts to test the market in a short-term, high-visibility retail incubator program.
If you have interest in assisting us in this effort, we ask that you contact Rachel Leffall, project manager at the Office of Business Opportunity at [email protected] or 520-494-2360.
520-316-6811
Office of Economic Opportunity
39700 W. Civic Center Plaza
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