Summary: Guest Reinaldo Diaz Director of Metro Technology Centers Business Development Center South 309 SW 59th, Suite #302 Oklahoma City, OK 73109 405-778-8629 Small Business Incubators nurture young firms, helping them to survive and grow during the start-up period when they are the most vulnerable. Incubators provide hands-on management assistance, access to financing and exposure to critical or technical support services. They also offer entrepreneurial firms with shared office services/equipment, flexible leases and expandable space. Metro Tech also offer administrative and operational business support to increase the possibilities of success. The National Business Incubator study shows that 80 percent of new business fails within the first five years. Fifty two percent fail because of management related problems, and 48 percent fail due to lack of capital. However, when a start up business is affiliated with an incubator, 87 percent survive. This figure isfour times the national average. The Solution to Start-up your business is A Business Incubator. For more information go to www.metrotech.org/business
