LANSING – As a prefix, neo means new. And as the name of a business incubator near Lansing’s Old Town district, NEO stands for The Center for New Enterprise Opportunity—a resource to assist entrepreneurs as they grow their new ideas.
Six years ago, Tom Stewart, NEO Center Managing Partner, began NEO with a business development curriculum offered to up-and-coming entrepreneurs. Although not originally intended as a shared space for start-ups, it soon became apparent that there was a need for a venue to accompany the curriculum. So, soon after forming NEO, Stewart and his colleagues began providing space for new businesses to use while their companies were maturing.
Stewart says, “We have been home to 32 companies, 30 of which are still in business. And these businesses have generated over $7 million in revenue and created 100 plus jobs in the community.”
To read the rest of this story from By Jane Whitttington of Michipreneur.Com, click on http://www.michipreneur.com/neo-for-new-business-grows-ideas/
