Peachtree Corners is undertaking a study to help create a business incubator program for budding entrepreneurs. The city will work with Enterprise Innovation Institute of Georgia Tech to assess the community’s readiness by identifying and interviewing key community stakeholders, industry leaders and entrepreneurs.
An incubator can provide a vast array of services such as sharing office space, guidance in preparing a business plan, a support network of peers, industry coaching and mentoring. The main goal of an incubator is to produce successful firms which have the potential to create jobs, revitalize neighborhoods and strengthen local economies.
The community assessment phase of the program is expected to take approximately 12 weeks according to Lynn Henkiel, director of entrepreneurial partnerships at Georgia Tech’s Enterprise Innovation Institute.
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