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Incubator Program Application
Incubator Program Application
the Business Resource Center Incubator program is designed to attract entrepreneurs, and early-stage companies. Each company is evaluated based on their fit to the incubator program, its mission, and its resources.
Admission Criteria:
Feasible business model
Potential for job creation
Sales within the last year
Multi-team members or employees
Receptive to learning new skills
Market growth potential
Not MLM or Store Front
Desire for mentorship & Counseling
Incubator Requirements:
Work with program administrators to set and achieve business milestones, provide metrics for BRC reporting
Attend monthly CEO Circle, mentor meetings and other required classes
Proof of Renters Insurance required, $100.00 refundable deposit required
Graduation from program within 4-36 months
Admissions Process:
Step 1: Initial contact, Phone Interview, Apply for space (Membership, Dedicated Desk, Incubator Space)
Step 2: Attend Required Incubation Prep Course (All Three Classes Completed Prior To Consideration for Incubator Space)
Step 3: Confirm Incubation Prep Course completed, Pitch to BRC Incubator Team
Step 4: Incubator Program Invite or Denial
Step 5: Details & Documents (Move in Date, MOU, Deposit, Insurance, Lease signing)
Step 6: Move-In, First Month Goals, SBDC Advisor Assigned, CEO Circle
Applicant Name:
Date:
Address:
Mobile #:
Email:
Business Name:
FEIN #:
Company Owners/Members:
Name, Title, Mobile#, Ownership%
Describe Business:
How did you hear about us?
Sales Type:
Business-to-Business
Business-to-consumer
Business Type:
Sole Prop
LLC
S-Corp
C-Corp
Partnership
Business Stage:
Idea/Concept
Start-up
Development
Expansion
Mature
Number Of Employees (Including Part Time Owners)
Full Time:
Part-Time:
Contractors:
How many hours per week will you spend in the incubator?
How many employees will work out of the incubator?
How long do you anticipate needing space in the incubator?
Do you intend to establish your business in Utah County?
Yes
No
Proposed start date if accepted into the BRC incubator?
Will you require funding in the next 2 years?
Yes
No
Financial Information
Sales & Liabilities
Last years sales:
Current Sales:
Current Liabilities:
Business Resource Center Incubator Questionnaire
Define your business
Hobby: Lifestyle business, you work for yourself while pursuing a personal career. Live life like you want.
General: Person who runs his or her own business (Retail, hairdresser, consultant, ecommerce, carpenters, ect.)
Scalable: You have a product or service that can change the world or create a new market. You're not interested in earning a living, but rather in creating equity in a company that eventually will become publicy traded, acquire, or sold.
How many employees do you plan on hiring?
Next 12 Months
Full time
Part time
Next 24 Months
Full Time
Part Time
Specify Your Office & Technical Needs
Facilities:
Wi-Fi/Internet
Conference Room access
Desks & Chairs
Cubicles
Divided Office (semi-private)
Shared Employee Space
Mailbox
Usage:
Desk Work/General Work
Meetings
Deliveries/Drop-offs
Product Assembly
Packaging/Shipping
Storage
Other:
Which of the following assistance would be helpful?
Business Planning
Sales & Marketing
Legal
Management/Leadership
Programming/Software Development
Networking
Mentorship & Coaching
Accounting & Bookkeeping
Operations
Employees/Staffing
Technical
Other:
Briefly answer the following questions:
Why would you like to join the incubator?
What is your business growth plan for the next 12 months?
How do you intend to utilize the incubator space? (Three primary uses)
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Contact Information
Utah Valley University
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