As economic conditions changed in our community, Assets Lancaster recognized the need to provide a greater and continuing level of support and nurturing to compliment our training and mentoring programs. The Assets Center for Small Business Development, a small business incubator, at 237 North Prince Street, Lancaster City, opened in 2004.
Business incubation is a business support process that accelerates the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services. Business incubators nurture the development of entrepreneurial companies, helping them survive and grow during the start-up period, when they are most vulnerable. A business incubator’s main goal is producing successful companies that have the potential to create jobs, revitalize neighborhoods, commercialize new technologies, and strengthen local economies.
The Assets Center for Small Business Development is a small business incubator providing nurturing services to young and start up businesses, giving them the greatest chance possible for success. The Assets Center for Small Business Development offers: