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Starting a business? | Why is the CBICC
Business Incubator Program Successful? | Services
| Incubator Facilities | InnovaZone
| The Power of the CBICC Network | Affiliate
Program | Companies in the Incubator Program |
How do I become a part of the CBICC Incubator Program? | Other
Sources of Information
Starting a business? Increase your chances
of success through the CBICC Incubator Program.
 "On
average, 3 out of 5 new business start-ups fail within their first 5 years.
However, 4 out of 5 new businesses that start in an incubator program succeed
within 5 years."
- National Business Incubation Association
 The
Wall Street Journal and the Small Business Administration estimated in 1999
that 65% to 70% of new business will fail within the first five to eight years
of operations. And, Bottom Up (a website for high-tech entrepreneurs, itself no
longer operating) asserted in 1998 that the failure rate for high-tech start-up
companies is three times higher than others. According to the National Business
Incubator Association, 87% of incubator graduates remain in business.
(www.nbia.org)
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Why is the CBICC Business Incubator Program
Successful?
 Paul
Silvis can tell you. He started Restek Corporation in the CBICC's Matternville
incubator in 1985. Twenty years later, Restek, a manufacturer of chromatography
laboratory supplies, has grown to over $30 million in sales with offices and
distribution centers in more than 60 countries.
When asked about his experience in the CBICC Business Incubator, Paul said, "As
a young entrepreneur, I did not have any practical business experience. Getting
the straight scoop from our peers in various stages of business was critical to
our success. Getting fatherly advice from mentors provided the support systems
when we needed it the most."
The purpose of the CBICC's Business Incubator Program is to provide a nurturing
environment where entrepreneurs can pursue their dreams. No one entrepreneur
can be expected to know everything. However, with the assistance of the CBICC,
entrepreneurs are assisted in building a vast network of advisors, coaches and
mentors who can help in a variety of situations.
To date, dozens of companies have graduated from the CBICC Business Incubator
Program. Many of these emerging companies have decided to remain in Centre
County and are now providing employment to hundreds of people. These businesses
provide economic stability for the region and are a vital part of the county's
success.
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The CBICC Business Incubator Program provides
essential services for the development of young firms at reduced rates.
The Business Incubator Program includes:
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High Speed Internet Services
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Flexible Office Space and/or Laboratory and Research Space
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Presentation Center
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Conference Room
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Copier/Fax Machine
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Mailing/Shipping Services
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Lunch/Cafeteria Room
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Thinking of starting a technology,
e-commerce or science-based business? Consider locating in a CBICC business
incubator facility.
| Over 20,000 square feet of lab/office space is available at the Technology
Center in the Innovation Park at Penn State. |
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| Over 6,000 square feet of lab/office space is available at Zetachron in Science
Park. |
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Do you have an idea for an information technology
startup company? Then enter...The InnovaZone.
 The
InnovaZone is a unique starting place for IT businesses. InnovaZone provides
all the amenities you need to jump start your business with a professional
image and a creative new location.
Part of the CBICC Incubator Program, the InnovaZone is located in about 2,000
square feet of space in the Technology Center building. The space is customized
to provide individual office spaces plus common areas for networking and
creating new ideas.
 
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The Power of the CBICC Network
Through the vast network of CBICC member companies, Business Incubator
companies have access to vital business support services, including:
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Accounting Firms
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Banking/Finance Institutions
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Insurance/Legal Firms
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IT/Telecom Service Providers
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Business Development Consultants
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Not ready for incubator space yet? Try our Incubator
Affiliate Program.
The CBICC Incubator Affiliate Member Program is available to entrepreneurs who
are not renting space as part of the Incubator Program but want to access the
program's business services and benefits. Affiliate membership is available for
eligible, qualified businesses when space is not available, or for businesses
that are eligible candidates but are not yet at an appropriate stage of
development for occupying incubator space.
Affiliate Members can access all the services of the CBICC Incubator Program.
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What companies are in the Incubator Program now?
Innovazone Technology Center - Calyx Metrology Lab Inc. - An ISO 9000-2000, ANSI/Z540-1 and ISO 17025 compliant calibration laboratory located near the campus of PSU.
- DIApedia, LLC - Res. & Technology products for the diabetic foot.
- Indigo Biosciences LLC - A contract research organization specializing in pharmaceutical, nutriceutical and toxicology screening services, custom assay development, and the creation of innovative products for high-throughput screening applications.
- IQS, Inc. - Integrated Quality Systems - Developer of integrated quality performance software for the manufacturing sector
- LCM Technologies, Inc. - A company conducting R&D in the area of DNA sequencing using free-solution electrophoresis.
- MicroMechatronics Inc. - A company dealing mainly with the production of actuators and transducers for micro-motors.
- NanoHorizons - Nano-technology product and technology developer.
- QBC Diagnostics - Recent acquisition by The Drucker Company. QBC is a manufacturer of hematology diagnostic instrumentation. QBC''s technology allows a physician, during a routine patient visit, to administer a Complete Blood Count. The procedure is expected to integrate well with Drucker''s centrifuge products which are used in the medical industry to separate solid matter from fluids for various testing needs.
- QuantumBio Inc. - Software designer and developer for genomics.
- Sentechbiomed - Developer of sensors and related systems for the Department of Defense.
- Sinoceramics (USA), LLC - Developer of ceramic and advanced material electronic devices.
- Soft Genetics LLC - Developer and marketer of genetic analysis software.
Zetachron Center - American Analytical - Developer of proprietary materials for military use.
- APD Life Sciences - A company that bridges the gap between basic science/engineering and early-phase product development by designing and implementing superior prototypes and/or protocols that quickly demonstrate product concept and market benefit.
- Thermolose Technologies Inc. - Designer and developer of flame resitant/proof materials
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How do I become a part of the CBICC Incubator Program?
For more information on the CBICC Incubator Program or to receive an
application for admission, contact:
Business Incubation Manager
CBICC
200 Innovation Blvd., Suite 150
State College, PA 16803
Phone: (814) 234-1829
Fax: (814) 234-5869
incubator@cbicc.org
Or complete an on-line application.
All incubator tenants are members of the CBICC. Apply on-line for CBICC membership.
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Other Sources of Information:
Invent PA;
Ben Franklin; Penn State Tech
Transfer; Small
Business Development Center; National
Business Incubator Association; SEDA-Council
of Governments
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