Saturday, May 26, 2018
News Roundup

New Port Richey creates business incubator program

NEW PORT RICHEY — The long-vacant city-owned former post office building could soon be bustling with business activity.

On Tuesday, the City Council approved the post office, at 6345 Grand Boulevard, as the site for the launch of a business incubator in partnership with the Pasco Economic Development Council.

The council also approved spending $65,000 to launch the program and complete repairs needed on the building. The incubator will be a place where small and prospective business owners can receive services such as marketing and technical assistance, mentoring and identification of potential funding sources.

As part of the incubator program, an advisory board made up of a city representative, two PEDC members and representatives from the business community will take part in identifying entities with viable business plans in order to provide assistance, PEDC Vice President John Walsh told the council.

Walsh said the incubator will follow the model established last year in a partnership with Dade City. The 2,400-square-foot incubator there is already filled with clients and work has led to the creation of 27 jobs, according to Walsh.

"We're very proud of what's happening," he said.

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