
The Madison Enterprise Center is a light industrial business incubator that serves start-up and expanding small businesses. The MEC offers initial below market rental rate and shared services including high-speed Internet. The on-site manager is available to provide business assistance and resource matching services to connect tenants with existing business support programs. Businesses may stay at the MEC from 3-5 years. To qualify for acceptance into the MEC, a business must produce a product and have the potential for future job creation. The MEC requires all applicants to prepare a business plan as part of the application package that is reviewed and evaluated by the Business Development Committee that makes all acceptance decisions.
Madison Gas and Electric (MG&E) and Common Wealth Development, a non-profit community development corporation, formed a unique partnership in 1987 that launched the Madison Enterprise Center (MEC). MG&E owns the historic MEC facility and generously leases it to Common Wealth for a nominal amount. Common Wealth manages the incubator facility and program.
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