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Startup Incubators In Nevada - 2024

Explore the most comprehensive List Of Startup Incubators In Nevada to help new businesses thrive with valuable resources and support.

Lisa Shmulyan
Founder 101
February 15, 2024

Nevada has a strong system to help startups grow. There are many incubators that focus on innovation and helping businesses succeed. With resources like The Biosciences Entrepreneurial Lab at the University of Nevada, entrepreneurs get the help they need. Nevada's incubators lead the charge in making sure new businesses do well in the state1.

One big plus for entrepreneurs is not having to pay corporate or personal income tax2. The state also offers great programs for financial aid, like Battle Born Venture Program and VegasTechFund2. The Nevada Entrepreneur Network also teams up with many support groups. This makes the startup scene even stronger3.

Key Takeaways

  • Nevada provides robust support through various incubators, including the Biosciences Entrepreneurial Lab at the University of Nevada, Reno.
  • The state offers substantial venture capital programs and incentives for startups.
  • Nevada has a strategic advantage with no corporate or personal income tax.
  • Entrepreneurs in Nevada benefit from a broad network of support organizations and resources.
  • The Nevada Entrepreneur Network collaborates with multiple entities to foster business growth.

InNEVator Blockchain Accelerator

The InNEVator Blockchain Accelerator stands out in Nevada, helping blockchain startups grow fast. It is run by the University of Nevada, Reno Innevation Center. They focus on tech growth, especially in blockchain.

Overview

Since 2017, the InNEVator Blockchain Accelerator has been helping new companies. It is a key player in Reno's startup scene4. It helps new technologies grow and supports women-led businesses, showing its love for diversity and inclusion4.

Details of the startup

InNEVator provides mentoring, funding options, and connections with tech experts. Being part of Nevada’s tech accelerators, it gives blockchain startups a special chance to grow. It works with resources like the IdeaGist virtual incubator to offer more support.

In Reno, many initiatives offer help to entrepreneurs. For example, the Sierra Accelerator for Growth & Entrepreneurship and Biz Assembly provide money and education4. This strong network means startups in InNEVator get all the help they need to succeed4.

Audacity Fund Reno

The Audacity Fund Reno is all about growing inclusive local economies. It offers key support to businesses that don't get much help. The fund is focusing on bringing in $5 million for these businesses in the Northern Nevada and Tahoe areas5. Its goal is to make the tech sector vibrant with diverse entrepreneurs.

Overview

The fund does more than just give money. It also provides research, training, and all-around help for overlooked entrepreneurs6. Such efforts are vital for Nevada's growth. They help create jobs and boost the economy by supporting small tech businesses.

Details of the startup

Nevada takes economic growth and small business support seriously. For instance, the Nevada Governor’s Office of Economic Development gave $51 million to help small firms through the Pandemic Emergency Technical Support Grant Program (PETS). Another $7.1 million helped 770 small businesses with their rents through the Commercial Rental Assistance Grant Program (CRAG)5. These actions show Nevada's commitment to a startup-friendly environment.

Nevada is also investing in education and job training. $6,048,981 went to 11 research projects at places like the Desert Research Institute and the University of Nevada, Las Vegas. Another $2,732,843 supported workforce projects at colleges across the state5. These investments are key to the Audacity Fund Reno's mission. They support its goal to build strong, inclusive local economies and help entrepreneurs who usually get overlooked.

Downtown Project

In 2012, the Downtown Project was started to boost productivity, innovation, growth, and wellness in Las Vegas. It aimed to help people learn together and work closely on projects. This big plan has greatly helped shape Las Vegas into a key place for new businesses focusing on urban development, real estate, and hospitality.

Overview

This project had $350 million set aside for buying properties, helping small businesses, and offering perks to new startups7. It also aimed to create a lively community by supporting education, art, and culture. This way, Las Vegas became an attractive spot for entrepreneurs and startups, making the city a center for innovation.

Details of the startup

The Downtown Project works like a business starter and investor, boosting the growth of new companies in tech, real estate, and hospitality. It turned Symphony Park, a 61-acre site, into a place with various uses7. Also, this project is behind the huge 143.7% jump in startup jobs in Las Vegas since 2020, with 625 startups providing work for over 11,000 people in 20238. Thanks to these efforts, Las Vegas was named the best city for new businesses by Crowdfund Capital Advisors8.

Teqspring

Teqspring is a key player in Nevada's startup scene, especially known for its work in software. It helps new software companies by providing early funds and support. This boosts their growth from the start.

With a mission to propel innovation, Teqspring works closely with entrepreneurs. It gives them what they need to succeed, thanks to its expert guidance and investment.

Success stories from Teqspring show its big role in the area. It doesn't just offer money in Nevada. It also connects startups with important people and know-how. This helps them do well in a tough market.

Organizations like Vegas Valley Angels and Sierra Angels have put millions into many companies. Teqspring plays an important part in this effort9. Links with groups like Startup NV and Angel NV also add to the support for tech minds9. This teamwork enhances Nevada's environment for software and tech innovation.

Elevate Blue

Situated on the beautiful north shore of Lake Tahoe, Elevate Blue aims to help new tech companies grow. Founded by Jameson Stafford in 2015, it combines business development with an inspiring location.

Overview

Elevate Blue is more than a simple incubator; it's a key part of Lake Tahoe's entrepreneurial community. This accelerator helps tech companies grow well and fast. It creates a place where people can share new ideas and helps startups at every growth stage.

The organization provides many services to help tech companies. This includes advice from experienced entrepreneurs, funding opportunities, and growth programs. It's known for its strategic advice, financial help, and the great lifestyle Lake Tahoe offers10.

Also, Elevate Blue shows its success in contests like the GAFC and SBIR. Winners in these contests got a total of $5.4 million, showing how effective these programs are11.

For info on Northern Nevada's growing startup scene, check out this detailed spotlight.

Startup Incubator

Startup incubators in Nevada give new entrepreneurs a great place to grow their businesses. They offer crucial financial help. This can make a huge difference for companies looking to break out or expand12. Being a key player in Las Vegas, these incubators help spark new ideas.

One key feature of these programs is startup resources. They provide training, mentor insights on trends, and support to boost business12. For example, the Catalyst Program at the CUBE starts in spring and ends at the year's close13. This shows their dedication to supporting new companies.

Additionally, these hubs offer great networking chances. They help startups meet peers, partners, and investors to propel their growth12. For instance, over 200 people joined the CUBE's startup workshops since 201513. This shows how vital community support is for success.

Moreover, incubators give strategic advice from experts. They guide young business owners to find better operations, plan for growth, and sometimes cut costs by diversifying income12. This ensures they meet their fundraising goals with access to investors and key startup funds12.

IdeaGist's huge virtual incubator network shows Nevada's commitment to helping startups14. With academic, non-profit, corporate, and virtual incubators, Nevada offers a rich and varied environment for startups14.

Adams Hub

Adams Hub in Carson City is a key place for business people looking to grow. It offers lots of help and good advice with its special program. Now, with a new space on the second floor, it covers 8,200 square feet and can meet more business needs15.

Overview

At the moment, Adams Hub hosts three office-based clients, four virtual ones, and one coworker. Members can pick from office space, virtual presence, or coworking options. Prices vary from $150 to $500 a month, aiming to fit different business needs15.

Companies often stay for about 18 months in this program. Adams Hub helped businesses like Talentel and Base Venture grow. Base Venture even raised $2.4 million for its expansion plans15.

In Carson City, Adams Hub enhances entrepreneurship with a big network of about 40 volunteer mentors. Their advice is crucial for client success. Clients include Now Ads, which is looking for funding for its online ad system15.

Adams Hub also makes a big difference with the Carson Careers fund, providing up to $25,000 in pre-seed funding. Two clients have already benefited. It works with groups like the Entrepreneurs Assembly to spotlight Nevada's business creativity16.

Also, Adams Hub holds events and workshops for local business owners. For example, they have a workshop on Business-to-Business Sales skills. These efforts help make the business community in Carson City stronger16.

CUBE at Midtown

Located in the heart of Reno, CUBE at Midtown stands out as an amazing Midtown Reno incubator. It's celebrated for encouraging innovation and teamwork. This startup collaboration space offers a special place for entrepreneurs to grow their projects17.

Overview

CUBE at Midtown shines by providing a complete ecosystem for startups to excel. With access to resources and mentors, new companies can innovate and scale effectively. This innovation hub is supported by a community focused on the success of entrepreneurs18.

Additionally, its spot is a hub for varied industries, promoting cross-sector teamwork. This blend drives growth and sparks creativity.

Urban Chamber

The Urban Chamber of Commerce plays a crucial role in Las Vegas' thriving local business scene. It focuses on speeding up business growth and encouraging valuable connections. This way, it helps new companies grow strong.

Overview

The business community in Las Vegas benefits greatly from the Urban Chamber's efforts. Its training program is all about celebrating and encouraging different kinds of business owners. By offering advice and resources, it helps businesses build a sturdy base. Nevada's vibrant small business scene, with over 250,000 small businesses, showcases its commitment to diverse entrepreneurship supporting entrepreneurs and startups. These small ventures make up 99% of all businesses in Nevada and give jobs to nearly half of the state's employees19.

Urban Chamber's programs make a big difference, attracting many different entrepreneurs. While it doesn’t share how much money it invests, its strong network and supportive community stand out. It's part of a larger push to boost Las Vegas' startup scene. The city is also home to other big names in business support, like Downtown Project and StartUpNV1.

Besides its own work, the Urban Chamber teams up with other key players in Las Vegas. This collaboration has helped the city become #21 in the country for growing its tech talent pool20.

List Of Startup Incubators In Nevada Reiterated

Nevada's startup incubators scene is growing fast, offering much support to dreamers. This Nevada startup support list shows many incubators, each adding its touch to Nevada's lively business world.

Programs like GOED's $13 million project since 2016 have helped lots. And 23 new training programs have reached over 2,000 Nevadans21. These startup programs Nevada help businesses fit into key areas like tech, health, and advanced manufacturing. This boosts Nevada's economy and sparks new ideas.

Tony Hsieh's story is inspiring too, with his LinkExchange company getting bought by Microsoft for $200 million22. Nevada's incubators don't just offer money. They also give careful guidance, fostering places where new ideas can grow well together.

There's a strong link between Nevada's businesses and schools too. The Northern Nevada Entrepreneurship Task Force says investing in school-based entrepreneur projects is key here21.

Conclusion

Startup incubators in Nevada play a crucial role. They push the state to grow and bring in new ideas. Each incubator, like InNEVator Blockchain Accelerator and Urban Chamber, offers unique advantages. They help visionary entrepreneurs by providing resources and mentorship. They also offer chances to make important connections that help businesses grow.

There are about 1,400 incubators in the U.S. and 7,000 around the world. Their role in supporting startups is huge23. Around 13% of these are social incubators, which shows an increase in efforts to tackle big issues like poverty and health23. In Nevada, the focus is on creating new technologies and growth for everyone. This is seen in places like Elevate Blue and Audacity Fund Reno.

In places like Las Vegas, mentorship programs are key for young companies. Interestingly, women hold 50% of the leadership roles in these programs24. This ensures startups get advice from a wide range of perspectives. For more info on how these accelerators help startups, check the Silicon Valley Bank website.

Nevada's startup incubators are essential to its innovative business scene. They show Nevada's dedication to innovation and economic growth. By joining, startups not only gain resources and guidance. They also add to Nevada's ongoing story of innovation and development.

FAQ

What support does Nevada offer for startups?

Nevada has a great setup for new companies with many incubators to help grow and innovate businesses. People starting out can find help, money, and guidance to make their startup dreams real.

Which startups does the InNEVator Blockchain Accelerator support?

The InNEVator Blockchain Accelerator, part of the University of Nevada, Reno Innevation Center, backs new tech firms in blockchain. It supports women-led companies and connects to IdeaGist, the biggest virtual incubator network.

What is the main focus of Audacity Fund Reno?

Audacity Fund Reno works to build inclusive economies locally. It uses research, education, and support to help entrepreneurs who often don't get enough help, especially in tech.

What industries does the Downtown Project invest in?

The Downtown Project puts money into various fields like hospitality, real estate, and tech. Its goal is to increase creativity, innovation, and growth in Las Vegas through collaborative work and learning.

What role does Teqspring play in the startup ecosystem?

Teqspring is a key player, offering initial cash and help to software startups. It helps these new businesses in their first steps in Nevada's startup world.

How does Elevate Blue support startups?

Elevate Blue, located by Lake Tahoe, boosts tech startups by mixing business growth help with a great setting. Started by Jameson Stafford in 2015, it's all about creating a place where new ideas can thrive.

What resources does the Startup Incubator provide in Las Vegas?

In Las Vegas, the Startup Incubator gives new businesses the tools and support they need. It works within IdeaGist's huge network to help startups grow.

Where is Adams Hub located and what does it offer?

Based in Carson City, Adams Hub is an accelerator that propels startups forward with solid business advice and vital resources.

What environment does CUBE at Midtown foster for startups?

CUBE at Midtown in Reno offers a working space that sparks innovation for startups. It supports ventures that could have a big impact locally and globally.

How does the Urban Chamber support diversity in entrepreneurship?

The Urban Chamber in Las Vegas focuses on speeding up business growth through networks and development plans. It helps startups in a diverse business world.

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