Bulletin Board

Incubator Targets Newly Hatched Tech Firms

Los Angeles -- Fledgling business owners interested in a nurturing environment in which to grow their businesses can apply for tenancy at the Interactive Multitainment Advanced Technology Center, a technology and marketing incubator in Los Angeles.

Companies in the multimedia, software or Internet industries are eligible, as are companies involved in developing technologies for such sectors as security and manufacturing. The center is targeting start-up firms and established businesses that need help to grow.

Initially, the incubator will accept 10 to 30 companies. It plans to provide Internet access, traditional technical assistance and marketing help.

According to Tonia McDonald, president of Global Business Incubation Inc., the nonprofit corporation developing the incubator in cooperation with the Los Angeles Community Redevelopment Agency, the incubator will teach teams of 18- to 24-year-olds how to market to corporations the services and products developed by incubator clients.

The incubator should open in the late spring. For additional information, e-mail info@cyberparkusa.com or call (213) 689-4424.

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This article was originally published in the February 1999 print edition of Entrepreneur with the headline: Bulletin Board.

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