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Ntec For Technology Inc

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Nonprofit Overview

Causes: Education

Mission: Ntec stimulates local and regional economic development by assisting entrepreneurs with starting and growing new technology based companies. Ntec fulfills this mission by delivering to entrepreneurs a comprehensive suite of management support services, education and physical infrastructure that enables them to attract investment capital and accelerate market entry.

Programs: Business services: ntec provides business coaching, consulting, referrals, and other assistance as may be required by its program companies to accelerate their growth and increase their odds of success. Ntec's direct assistance includes business management, operations, finance and accounting, fundraising, regulatory matters, manufacturing and quality control, staffing, support networks, referrals, and entrepreneurial education. Business services are tailored to meet the specific needs and stage of development of each company. Ntec receives numerous personal inquiries during the year. The team reviews executive summaries, business plans, startup company pitches and presentations. Of these ntec selects companies for coaching, makes referrals to investors and other sources of funding. These activities are provided by the full time staff as well as numerous mentors and volunteers.

facility services: ntec provides a full service facility for incubating companies. The facility has all of the services a company requires in order to accelerate its growth, including office space, administrative services, lab and technical space. The facility and services are flexible to meet the needs of startup companies. The facility also provides founding teams the opportunity to interact with seasoned professionals, service providers, and capital providers to address strategic and tactical issues. The facility is a 50,000 square foot enterprise center that includes lab space, furnished offices, high tech flex-space, cubicles, conference space and meeting rooms, kitchen and break rooms, 24 hour access to secured building, and shared reception. The building infrastructure included high speed internet access, wireless in-office connectivity, data and digital/ip telephone communications, state-of-the-art presentation and projection equipment, video surveillance, networked printing and shared printers. The facility can accomodate up to 150 occupants

education: ntec provides educational programs, seminars and outreach programs, including ceo roundtables, brown-bag lunch panel discussions, stakeholder meetings, investment forums, and other training programs. Ntec also participates in outward-facing events such as medical device action alliance, business plan competitions, angel funding forums, technology award events and other general technology and entrepreneurial seminars and training.

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