Start-ups Flock to New Fall River Business Incubator

FALL RIVER, MA – The doors have not been officially opened yet, but ten companies have already started moving in to a new business incubator site in Fall River.  1 ZERO 4 Business Academy, located at 104 Anawan Street, provides a needed boost to entrepreneurs by providing office services, legal, business and financial advice to start-ups accepted into the program.

As a new business owner and creator of the non-profit incubator, Jasiel Correia II has already notched some big wins in his career, but it hasn’t been easy.  Success is often facilitated by having the needed resources by your side.   He explains “I was fortunate to have the right advice at the right time to bring my ideas to market.  I don’t know what would have happened if even one key connection was missing.”

Looking at today’s market place, the energy is coming from the small start-up ideas.   Nurturing  those companies that understand the new technology trends and have the insights to create new products provides hope for the future for many economic planners.  The National Business Incubation Association reports that every $10,000 invested in business incubators results in an estimated 47-69 local jobs.

“If we want to promote an economy fueled by innovation, we must better connect our entrepreneurs with the resources they need to turn an idea in a lab into a product on the market”.

– U.S. Sen. Sherrod Brown (D-OH)

“Business incubators help businesses get off the ground, create jobs and revitalize communities”

– U.S. Sen. Bob Casey (D-PA)

Local businesses have seen the future as well.   SuperGreen Solutions of Warwick has taken the top sponsorship slot, contributing $100,000 to this initiative.  Although other sponsorship levels are available, Shaun Allen of Supergreen Solutions stated ‘the leadership team and business partners 1ZERO4 has put together,  has already delivering new market opportunities for us.  This is a major strategic partnership for us.’

Walking into the newly renovated space, you sense the transition from old to the new.  Businesses like K.Garcia Productions see this as a springboard to accelerate their success. According to Kelsey Garcia, “the connections we are making, both for customers and business partners are a huge benefit for us!”

1 ZERO 4 Business Academy will officially open its doors October 21st with a grand opening event at 4pm.  The process to select a few dozen tenants in the residency program each year and another 50 non-resident businesses will start at that time.  Also planned is to take advantage of the great down-town location to host educational, networking and social activities.

Contact information:
(617) 902-0695

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Avatar About the Author: The Rhode Island Small Business Journal is a printed monthly magazine and an online resource for the aspiring and start-up entrepreneur and small business owner.

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