CBI Wins Prize!

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Cumberland Business Incubator receives $50,000 prize to create Tinker Space

The Cumberland Business Incubator, located on Roane State Community College’s Cumberland County campus, has received a $50,000 prize to create a space where entrepreneurs can turn their ideas into working prototypes.

The incubator was one of 50 organizations nationwide to receive a prize through the U.S. Small Business Administration’s Growth Accelerator Fund competition. Continue reading

Are You Ready?

Do you have good ideas that would take your business to the next level but don’t know where to find help to implement them? How can you minimize the risks and increase the probability of success in your business? Do you have dreams of starting your own business but don’t know where to begin? Continue reading

Is Your Business Worth What You’re Thinking?

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If you sold your business today what would it be worth?“.

Chances are the number you have in your head and the number a buyer is willing to pay for your business are not the same. The means to bringing those two numbers closer together isn’t magic…it’s in long-term planning. Continue reading

Is It Time to Move Your Business Out of the Spare Bedroom?

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I found this article from Doug and Polly White to be right on target.

Moving from a home office, where occupancy costs are effectively zero, to rented space is a big decision.

Obviously, monthly expenses will increase. You’ll have to pay rent. If it’s not included in the rent, you’ll have to cover utility costs. In some circumstances, there may be other monthly fees for services such as cleaning and grounds maintenance. There will also be one-time costs. You may need to hire movers or purchase furniture, office equipment, or phone systems. Continue reading

It Takes a Village

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Friday the 13th was a very lucky day for the Cumberland Business Incubator (CBI).  Pauline Sherrer, Crossville Chronicle and CBI Steering Committee member, recognized earlier this year that the CBI, as well as the businesses located within the CBI, needed to be easier to find and took the leadership role in the CBI sign project.  Pauline felt the sign should represent a local business so she and CBI Director Holly Hanson met with Cyndy and Bruce Gardner of Homestead Timber Frames and their team who designed, built and led the raising of the timber frame. Continue reading

Incubation Increases Success

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Entrepreneurs have limited time, knowledge and resources.  They need to focus on what matters most to them and what they need to do better than their competitors, but the rest still needs to get done and that’s where incubators can be of great help.  Continue reading

Don’t Miss These…

STEM

Labville is a STEM – Science, Technology, Engineering and Math – group for all ages.  The goal is to highlight a topic each month and introduce it to the public at a level we can all understand.  August will be 3D Scanning that can lead directly to 3D printing or other means to create the model outside of the computer.  Continue reading

Just What is it We Do?

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It’s fair to say that at the Cumberland Business Incubator we do “something different every day.”  As examples, a few things that have occurred recently: Continue reading