mapmap

Tremont Storefront Incubator Program Announced

Request for Proposals
2016 Tremont Storefront Incubator Program

OBJECTIVE

Tremont West Development Corporation, in partnership with the Hispanic Business Center. is initiating its 4th Small Business Incubator Program for a storefront space located at 2406 Professor Avenue in the heart of the retail district in the Tremont neighborhood.  Tremont West is beginning the search process for a 2016 participant. In previous years, the space was utilized for several Pop-Up Shops and formerly the board meeting room for Tremont West. The storefront is split with access for the office of the Physical Development Director of Tremont West. This access must be maintained as part of the lease agreement. 

 

OPPORTUNITY

Tremont West Development Corporation is offering approximately 370 square feet of retail/office space in its storefront through a Request for Proposals. The proposals will be reviewed by a panel consisting of Tremont West staff members as well as local community stakeholders. Each proposal will be scored by the same criteria outlined in this RFP (download here.) The terms of the agreement will include:

  • Free rent for the first three months
  • Rent of $350/month for the following seven months
  • Rent includes all standard utilities as well as Internet connectivity through the TWDC Wi-Fi network (no telephone included)

· Additional short-term extension lease of up to two months may be negotiable

 

Services from Hispanic Business Center include:

· Ongoing  business development training and support

· Accounting and record-keeping support 

· Growth plan and/or exit strategy post program