FALL 2021 BUSINESS FOUNDATIONS APPLICATION
Spaceworks invites entrepreneurs with a creative/innovative business idea that benefits Tacoma’s community and who are seeking to grow a thriving business, to apply to our Incubator program. Spaceworks’ Incubator provides relevant and meaningful business training and peer-to-peer support to systematically grow Tacoma’s creative economy and generate destination quality activities that will engage and transform our community in a positive way.
We serve as a training ground to test new ideas, products and services with a safety net of technical assistance and mentorship. Following is the online application to the 4 week Business Foundations Cohort that begins on November 2nd and meets (via zoom until further notice) every Tuesday from 6-9pm.
The Business Foundations Cohort is for aspiring entrepreneurs that have a business idea and have yet to start their business.
SYLLABUS
Session 1: Orientation, What Makes a Good Entrepreneur, and Defining your Product or Service
Session 2: Business Structures, Licenses, Determining Start Up Costs, and Setting up Financials for Success
Session 3: Your 'Why', Vision, Mission, Values, and Value Proposition
Session 4: Target Market, New Business Check List, and Goals
ELIGIBILITY
- Your business will be a Microenterprise (fewer than 5 employees)
- Planning to do business in Tacoma
SELECTION CRITERIA
Class size is limited to 20 participants. Applications will be reviewed on a rolling basis, and must be fully complete in order to be accepted. In the event of a high number of applications, you may be added to a wait list for a future cohort.
COSTS
If accepted into the Spaceworks Incubator, there is a sliding scale $100 fee to support our services for small businesses. The services that we offer small businesses are valued in the $3,000-dollar range, and we are dedicated to bringing those services to you at a much lower price. To fill in the gap, we are dependent on grants, sponsorship, and donations. We offer a sliding scale and payments plans and will not turn anyone away due to inability to pay.
Payment will be requested upon acceptance into the program. There is no cost to apply.
Please contact Jennifer English, Spaceworks Incubator Coordinator, at jennifere@tacomachamber.org with questions.
IMPORTANT DATES
APPLICATIONS DUE October 3, 2021 by midnight, PST
Notifications will be sent out October 9, 2021
Class begins on November 2, 2021