About Us
.:OUR MOTTO:.
.:HISTORY:.
The Nashville Business Incubation Center opened its doors in June 1986, making it one of the earliest incubation centers established by the Tennessee Valley Authority that are still in existence. It continues to be one of the most viable in the nation.
In 1995 the NBIC underwent a $1.4 million expansion with a grant from the U.S. Department of Commerce. With this expansion, the capacity of the NBIC increased from 10 small businesses to 22. Units in the facility range between 500 square feet and 2000 square feet. The center also added a 2000 square-foot entrepreneurial training center.
An outreach effort of Tennessee State University, the day-to-day operations of the Center is managed by the College of Business and is located on the TSU downtown campus. The policy making body for the NBIC is Growth Enterprises Nashville, Inc.
In the past five years, businesses served by NBIC have created a total of 429 jobs, with an annual revenue of $17,577,605. Of the companies served by NBIC, 86 % remain viable today. In the general population, only 50% of all businesses remain viable after five years.