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Causes: Economic Development, Urban & Community Economic Development
Mission: Through partnership with developers, boc development corporation helps preserve commercial space for small business uses in low-income areas, and contracts with the business outreach center network, inc. For services to small businesses and administrative support. Sources of revenues are program fees associated with commercial/industrial business development as well as user fees and grant support for the bronx business incubator.
Programs: The bronx business incubator is a new project of boc development corporation , in collaboration with business outreach center network, inc. Launched may 1, 2014, the effective date of the lease and operations for an 11,000 square foot small business incubator space located at the bank note building in the south bronx. The bronx business incubator supports business development and job creation by providing a combination of shared-use office space and support services to entrepreneurs and small businesses with a special focus on industries and sectors that offer growth potential.