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Incubator seeks rebrand to 'Midlands Innovation Exchange,' new space and regional partnerships; council moves to executive session on economic-development sites
Summary
Rick (interim executive director of the local incubator) briefed the council on the incubator’s performance, a proposed rebrand to the Midlands Innovation Exchange (the “Mix”), and plans to seek new space and regional partnerships.
Rick (interim executive director of the local incubator) briefed the council on the incubator’s performance, a proposed rebrand to the Midlands Innovation Exchange (the “Mix”), and plans to seek new space and regional partnerships.
Rick said the incubator currently hosts about 60 companies, that self-reported economic throughput exceeds $22,000,000, and that roughly 60% of tenant companies are minority-owned. He said the incubator recorded about 1,600 unique partner visits in the last period and reported 168 job placements through workforce efforts.
On programming and expansion, Rick proposed a rebrand and restructuring: a smaller…
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