Tri-County Entrepreneurial Development Corp. will charge an escalating scale rental rate for first-year tenants of the Oconee Business Center, a business incubator at 104 Brown’s Square Drive in Walhalla, according to a statement from the Oconee Economic Alliance.
For new tenants signing a one-year lease, the first three months will be free of charge, the next six months will be at half price with the remaining three months at the full base rate. Pricing per month varies based on the size needed by client. This policy will insure that the first months in the life of a startup will be economically possible, according to the release.
Tenants of the Oconee Business Center receive mentoring from the Piedmont chapter of the Senior Corps of Retired Executives. Nationally, Score is an organization of 15,000 members and is the mentoring arm of the U.S. Small Business Administration.
“Our seasoned Score mentors have many years of combined business experience,” Terry McKenney, director of the Oconee Business Center, said in a statement. “Their involvement is crucial to the new entrepreneur just starting and continuing through the early years. It can make the difference between success and failure.”
The Oconee Business Center is part of the economic development efforts of the Oconee Economic Alliance. It is designed to nurture a startup business during the critical first three years of existence. The center provides low-cost office or warehouse and light-manufacturing space, business mentoring and utilities, including internet.