Did you know that the New Jersey Institute of Technology's Enterprise Development Center (EDC) can assist and nurture your venture through its startup phase? The EDC is a high tech business incubator, which means that it's specifically set up to address many of the problems young technology-based companies have. The EDC helps turn ventures like yours into financially viable, freestanding companies.

The EDC accelerates the success of startup companies by making available an array of business services that are customized to each tenant company. The EDC can help your company:

• reduce start up risk
• commercialize its technical product
• make the right contacts
• access more financing options
• improve its decision
• making capability
• increase its sales
• establish the path to profitability

Incubator companies flourish. The average incubator firm's sales increased by more than 400% during its incubator stay, according to a recent National Business Incubator Association (NBIA) study. And a reported 87% of incubator graduates are still in business, according to the same study.
See the National Business Incubation Association (NBIA) web site( www.nbia.org ) for more information on business incubation.

Business incubation is a proven economic development tool and the Enterprise Development Center has a track record of success. It has graduated over 60 companies offering products ranging from biotech to information technology applications. As a result, EDC continues to play a successful role in the renaissance of Newark.

Your participation in the EDC benefits more than just your company. As a program graduate, your high tech business can create jobs, revitalize neighborhoods and strengthen the economy.

See the New Jersey Business Incubation Network (NJBIN) website ( www.njbin.org ) or the National Business Incubation Association (NBIA) web site ( www.nbia.org ) for more information on business incubation.