The new incubator at the Arkansas Biosciences Institute in Jonesboro is up and running.
ABI’s Commercial Innovation Center is great news for northeast Arkansas. A $1.75 million federal grant helped make the center a reality. Check out the full story here, but here’s an excerpt from ASU’s Herald:
The incubator will provide a wet lab space, offices and services. The Delta Center for Economic Development, the College of Business and ABI-COM are collaborators that seek to use campus resources as well as the private sector to expand the number of businesses and economic opportunities for Northeast Arkansas.
Potential clients will need to meet certain criteria due to limited facilities. The center can estimate and provide common equipment for the client who consumes the space.
“We will provide a space for the biggest untapped emerging business-technology developments in the region,” said Brian Rogers, director of the center.
Virtual clients will also be an option once the physical space is filled. By using virtual clients, the business and technology infusion can be expanded to reach a broad area. At full capacity, this facility will contain space for 12 labs with accompanying office space with at least five to 10 occupants, as well as a couple from within campus.