New Gay And Lesbian Business Incubator Launches in Rural West Virginia

Thursday Mar 20, 2014

The LGBT Technology Institute announces the launch of its Gay and Lesbian Incubator to be located in the Lost River Valley of West Virginia. The Incubator will focus on working with new and emerging start-up businesses and non-profits. The Incubator will also study the economic impact that LGBT communities have on fostering sustainable, long-term economic development.

"We are truly excited about the development of the LGBT Technology Incubator which will identify funding opportunities, provide business start-up tools and offer a physical space for new start-ups," says Christopher Wood, Executive Director of the LGBT Technology Partnership.

The Incubator will focus on a variety of start-up industries including hi-tech, renewable energy technologies, small- scale manufacturing, green and farm-to-table agriculture technologies. In addition, the Incubator will provide resources and services for new non-profit start-ups and will work to develop apps for the LGBT communities.

"We welcome the LGBT Technology Incubator to our region and see its mission dovetailing with the development of our forthcoming Institute for Rural Entrepreneurship and Economic Development (IREED) at Eastern West Virginia Community and Technical College," said Chuck Terrell, President of Eastern.

The Incubator will provide support and assistance to new and serial entrepreneurs and provide space for all entrepreneurs to grow and help start-ups prosper.

"LGBT communities across the US have long been a cornerstone of creativity, entrepreneurship and economic development. Studies show that communities with high concentrations of LGBT populations exhibit strong and sustainable economic growth," said Joseph Kapp, Chief of New Business Creation at the Incubator and professor of entrepreneurship at Eastern West Virginia Community College.

"We are locating the incubator in a rural community to spotlight the power technology has to spur growth and economic development regardless of geographic location. From small scale manufacturing to hi-tech app development and renewable green technologies to farm to table sustainable agriculture, we encourage all people to bring us your creative ideas. We will help you launch your business ideas into a viable business," added Christopher Wood.

With sweeping views of the Appalachian mountains, the New York Times recently highlighted the creative ecosystem of Lost River Valley. Lower costs of living, lower start-up costs, high speed broadband connections and close proximity to major US markets like Pittsburgh, Baltimore and Washington DC are just a few of the benefits of why it is a great place to start and run a new business.


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