The real goal for business incubators is for its clients to become successful and then relocate to a permanent office setting. Leases are typically six months. Start-ups work from the incubator setting for up to three years. Businesses that “graduate” from the incubator then become tenants for developers in the area, and continue to grow and create more jobs. The NEO Center is emphasizing growth in the City of Lansing first, and then spreading to the Greater Lansing region.
“It’s not every day you get to work in an environment where the most incredible people are working alongside you,” said Jeff Smith, who serves as co-director of the New Economy Division of the Lansing Economic Area Partnership (LEAP), which jointly manages TIC with the City of East Lansing.