We are eager for you to locate and grow your business in Schenectady County. To assist you in doing that, our Tenant Committee review of each potential Business Center tenant includes, but is not necessarily limited to, the following:
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There are six basic types of businesses eligible to locate in the business center:
- Startups
- New businesses looking to expand from a home office environment or other similar location.
- Businesses experiencing economic difficulty.
- New divisions of an existing company.
- Businesses relocating to Schenectady County
- Anchor tenants
- Each business/owner seeking to locate in the center must:
- Complete a tenant application
- Submit a basic business plan along with their application.
- Have long-term growth potential.
- Be able to benefit from the support services offered in the incubator.
- Be financially able to pay the anticipated costs of being an incubator tenant
- Have at least two full-time employees. Also, additional full-time job growth is expected over the term of occupancy in the center.
- Be operated full-time.
- Be willing to accept mentors to assist them.
- Consent to personal and business credit checks.
- Sign a formal lease.
- Agree to provide periodic financial statements to the business center management.
- Not involve the use or production of any hazardous material.
- The central mission of the business center is to promote job creation and economic growth in Schenectady County through the development and growth of small business. To that end it is expected that graduates would relocate within Schenectady County.
- SCCBC also accepts applications from mature businesses looking for long-term leases. So-called “Anchor Tenants” are considered individually if their presence in the Business Center will further the overall mission of SCCBC and assist our start-up tenants. Lease terms are negotiated on a case by case basis.
