Incubation Resources: First Flight Venture Center

Incubator Name: First Flight Venture Center

Address: P.O. Box 13169, 2 Davis Drive, Research Triangle Park, NC 27709

Phone/Fax: 919 990-8558 fax: 919 558-0156

Year Established: 1991

Type of Organization: Non-profit

Contact Person: John C. Draper, President, E-Mail: jdraper@ffvcnc.org

Overview: Focused on helping incubator technology from acadamia and industry to the maketplace.

Strategic Relationships: N/A

Industries Served: IT, Biotechnology, Communications, Commerce

Special Notes/Restrictions: Focus on RTP area. Company must be tech focused, have business plan and financials.

Types of Programs/Services Available:
Space: Total of 14,000 sq.ft. office space at 125 to 375 sq. ft. each and 4 labs, 2 biotech at 400 sq. ft. Rates range from $250-650/month.

Funding: None presently

Educational Resources: Many tenants are CED members and enroll in CED FastTrac or STREAK programs. On-site experienced attorneys and venture capitalists are available.

Administrative/Technology: Reception, LAN Network, phone system, 10 meg Internet access.

Other: Conference/reception rooms

Additional Notes: Quarterly tenant luncheons and breakfasts for business development.

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What Members are Saying

"CED is very useful in helping network and gather people. For early entrepreneurs, CED is one of the best resources for getting things done." -Dr. John Ryals, CEO, Metabolon (also founder and former CEO of Paradigm Genetics)