NextWave incubator aims to host 14 businesses by summer

NextWave is eyeing exactly that, the next wave.

The small business incubator based in Troy got off to a fast start last summer, looking to catch Metro Detroit's rising wave of for-profit incubators. It crashed by fall but is now reorganized and ready to surf the next wave to success this year, launching new start-ups and preparing to be at full capacity soon.

"You'll see a full roster and right-sized solutions," says Jim Hebler, public relations coordinator for NextWave. "Within a year you'll see a right-sized organization that is growing at a realistic pace."

NextWave has already launched three companies that are up and running and is working to speed the start-up curve from 3-5 years to 1-2 years. Hebler is cautiously optimistic that the incubator will have a combination of 14 start-ups and second-stage businesses in its Troy building by this summer, well on its way to filling the 80,000-square-foot facility.

NextWave is focusing on tech companies, specifically in the software, healthcare, and IT industries.

Source: Jim Hebler, public relations coordinator for NextWave.
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

NextWave incubator aims to host 14 businesses by summer

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