The entrepreneurs and startups require many resources such as a working environment, networking with a professional, mentor(s) and funds to grow and develop startups. Incubators are a non-profit organization, who are general partners or collaborating with government organizations, public/ private companies, colleges, and universities. Incubators help startups and entrepreneurs in arranging resources. At present, there are several active incubators in the Washington D.C area. If you are in Washington DC, you should contact them and share your business plan to arrange any desired resource. Here is a list of some top incubators in DC area you should check out:
1776 is one of the oldest and most popular incubator space in DC. It was incorporated with an objective to help startups to grow and develop. The focus is on innovative and challenging industries such as education, energy, health, transportation, and others. Currently, they are working with the largest network of entrepreneurs. The promoters believed that startups having new and innovative ideas are able to change the world if provided with sufficient resources. The resources are provided to entrepreneurs so that their ideas are converted into reality. They connect startups with the global network of institutions, investors and others helping them to discover the market and arranging funds from investors. The expert mentors provide assistance to the startups in maximizing their potential.
WeWork Labs was incorporated in 2010, with an objective to assist the startups and early-stage businesses. WeWork provides in-house training programs to startups and entrepreneurs to maximize their potential. The entrepreneurs are guided by an innovative team in scaling their innovative ideas and converting them into reality. They have partnerships with universities, colleges, governments/private companies in the Washington DC area. The member’s entrepreneurs are benefited by making resources available such as funds from the investors, mentoring and leadership from experts, networking with the institutions.
Halcyon incubator was incorporated with a focus on social welfare startups. Therefore, they equip only young social businesses that require support to convert their ideas into scalable ventures. The entrepreneurs are encouraged with a free, collaborative and supportive environment and helping them to convert their ideas into reality. The assistance is provided for a minimum tenure of 18 months with significant resources such as infrastructure, funding, staffing, mentoring, leadership. They also conduct 14 days program only for the designing of social and innovative ideas.
Global Development Incubator
Global development incubators focus on startups which can have social impact. They develop a foundation for startups which can increase their efficiency and maximize their potentials. The experienced mentors take the initiative for scaling their innovative ideas. They connect the startups with the networks of investors, institutions for the arrangement of resources. The membership of entrepreneurs is based upon a partnership with GDI. The expert mentors provide the startups with complex issues and their resolutions which they have already tracked. The GDI assist their partners for 2-3 years and support their innovative ideas to transforms into reality. They conduct a continuous review process to make their ideas more effective and successful.
Inclusive Innovation Incubator
If you reside in Columbia and lacking with the space-related resources for your startup, then you can connect with Inclusive Innovation Incubator. They focus on arranging resources such as infrastructure, office space for startups and entrepreneurs. The startups are provided with an entrepreneurial environment to implement their innovative ideas. The member startups and entrepreneurs are provided with sufficient resources, such as funds from investors, mentoring and leadership programs, networking of institutions. Thus contributing to the growth and development of their ideas into reality.
TasteLab is an incubator that focuses on commercial and kitchen based. They have memberships for bakers, caterers, confectioners, meal makers and other entrepreneurs associated with food and beverage industries. The members are benefited from the resources they are lacking with and enabling them to convert their ideas into reality. The experienced mentors assist the startups in connecting with the finance agencies, food suppliers, distributors, transporters and other related contacts. In addition to the resources, they also provide designing and development services.
Fortify Ventures is a Washington, D.C Area-based incubator incorporated in the year 2011. Fortify Ventures focuses on providing resources to the technology industries as it is founded by several experienced entrepreneurs and investors. The startups and entrepreneurs are provided with networks of institutions and capital from investors essential for their growth and success. The expert mentor provides support and helps in resolving the common challenges arises in the initial stages.