The Hub is a technology incubator that nurtures the development of technology-based businesses, helping them survive and grow especially during the start-up period when they are most vulnerable. We also assist technology-based businesses that are expanding, relocating, or simply need direction to move their business forward. We provide Clients with business support services and tailored resources.
Hub Programs include the Clean Energy Incubator Program [in collaboration with The University of Texas at El Paso (UTEP) and the Austin Technology Incubator], the Clean Energy Partners Program, the Manufacturing Partners Program, the Service Provider Program, and the Team Mentor Program [with training and support from the Massachusetts Institute of Technology (MIT) Venture Mentoring Services Program].
The following Hub Services are accessible to all Hub Clients:
- Tailored one-on-one business support from Hub Professional Staff
- Business Plan Assessment, Business Gap Analysis
- Management Team and Board Development
- Investment Capital/Financing Opportunities
- Business Development Tools, Contacts, Resources
- Intern Pool for working on approved special Client projects
- Seminars, Workshops, Professional “Office Hours,” Conferences, Events
- Common area use – resource library, break room, open desks, meeting space
- Wireless Internet and Photocopier access onsite, Front desk presence
- Conference room use, with conference phone and projection equipment
- Team Mentor Program (if/when eligible)
- Clean Energy Partners Program (if applicable)
- Manufacturing Partners Program (if applicable)
- Service Providers Program (if applicable)
- Access to Platform
The Hub serves both Affiliate and Resident Clients:
- Affiliate Clientshave access to The Hub facilities during normal operating hours (8am to 5pm Monday –Friday).
- Resident Clients receive the following additional benefits:
- 24/7 secured access to The Hub facilities
- Dedicated, furnished space onsite [private office (~ 85 square feet enclosed) or cubicle (~ 75 square feet)]
- Voice over Internet Protocol (VOIP)/Phone Internet
- Receipt of mail
- Utilities and janitorial service
Incubation Packages:
Resident Incubation Package
Executive Offices $675 per month with a $675 Security Deposit
Cubicle Offices $575 per month with a $575 Security Deposit
Affiliate Incubation Package
Pre-revenue companies @ $100 per month
Annual revenue of under $50k @ $200 per month
Annual revenue of $50k to $100k @ $250 per month
Annual revenue of over $100k to $150k @ $300 month
Annual revenue of over $150k @ $325 per month