Exploring the Coastal Bend Business Innovation Center: A Hub of Entrepreneurship
When it comes to fostering innovation and entrepreneurship, the Coastal Bend Business Innovation Center (CBBIC) is a model in the Texas Gulf Coast region. Founded in 2003, CBBIC has helped more than 157 start-ups take flight, with a success rate of 78%. In this article, we will explore the essential features of CBBIC and how it supports local entrepreneurs with their innovative ideas.
CBBIC as a Launchpad for Start-Ups
CBBIC provides support to start-ups through its flagship program, the Business Incubation Program. As a member of the program, start-ups receive a range of benefits, including access to mentorship and training, shared office space and utilities, and accounting and legal services. Additionally, CBBIC provides access to state-of-the-art research and development facilities, such as a product development lab, a wet lab, and a rapid prototyping center.
Success Stories from CBBIC
CBBIC has many success stories, one of which is Apptricity, a software company that started with a single employee but now has over 70. Apptricity has a considerable client base, including the US military, providing logistics software solutions. Another success story from the CBBIC is Invictus Office Center, a co-working space providing access to training, mentorship, and funding for start-ups.
Community Involvement in CBBIC
CBBIC is deeply involved in the wider community, with its resources available to a range of industries, not just tech. It also hosts several events throughout the year, such as workshops, networking events, and training sessions. Local businesses and entrepreneurs can also rent facilities to hold conferences, meetings, and events.
Conclusion
The Coastal Bend Business Innovation Center provides a unique and vital service to the region’s entrepreneurs, providing them access to critical resources that are often challenging to obtain. It serves as a launchpad for start-ups, sharing their passion for innovation and entrepreneurship. The success stories of CBBIC show how this center has contributed to the growth of the local economy and how it supports the next generation of entrepreneurs.