Revised December 2012 - Page1 of 2 

PROJECT NARRATIVE OF APPLICATION FOR A CERTIFIED 
MISSOURI INCUBATOR DESIGNATION 
Please answer all the questions below in full and provide the supporting documents or 
spreadsheets where necessary and applicable. 

I. A POTENTIAL EXISTS FOR SUSTAINED USE OF THE INCUBATOR 
    PROGRAM BY TENANTS AND PARTICIPANTS 
     Describe the current or potential need for the incubator program as revealed in the 
      business plan. 
     Describe how the incubator program will meet the needs identified in the business 
      plan. 
     Explain why existing facilities and services in your region are inadequate for 
      start-up companies. 
     Explain why companies will choose your incubator as opposed to other incubators 
      in your region, in the state, or in the nation.  

II. ABILITY TO DIRECTLY PROVIDE AND ARRANGE BUSINESS 
    DEVELOPMENT SERVICES FOR TENANTS AND PARTICIPANTS 
     List the services, which will be provided to all incubator tenants as part of the 
      local sponsor’s basic package. 
     List services which will be offered to tenants for a fee. 
     Indicate which services will be offered by local sponsor and which will be offered 
      by outside providers through contracts. Attach resumes of outside service 
      providers that show their ability to perform the services offered. 
     Explain how you are going to manage the physical development of the incubator 
      program, including the provision of common conference or meeting space. 
     Explain how you are going to provide or arrange the provision of financial 
      consulting, and marketing and management assistance, and business education 
      including assistance in accessing private financial markets. 
     List equipment and furnishings you are going to provide to the tenants and 
      participants. 
     Provide policies and criteria for acceptance of tenants and participants into the 
      incubator. 
     Provide policies and criteria for graduation of tenants. 
     Provide policies and criteria for termination of occupancy of tenants. 

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III.ABILITY TO MANAGE AND OPERATE THE INCUBATOR PROGRAM 
      Include a management organization chart with names of individuals filling the 
       positions.  
      Include resumes or biographical sketches of the incubator staff. 
      Describe the methods to be used to recruit businesses into your incubator. 
      Describe how you are going to market the program and secure eligible tenants and 
       participants. 
      Describe how you are going to encourage the sharing of ideas between tenants 
       and participants. 

IV.IV. ECONOMIC IMPACT  
      Explain how the facility complements and conforms to the economic development 
       strategies of the local and regional development agencies.  
      Estimate the total number of firms to be housed in the incubator annually. 
      Estimate the average graduation period of tenants. 
      Estimate the total number of jobs that will be created by these firms over the next 
       three years. 
      Submit the following information for firms that have expressed interest in 
       securing incubator space: 
       - Firm name, address, and telephone number; 
       - Principal contact person; 
       - Business description; 
       - Type of product and technology being developed; 
       - Number of current employees; 
       - Number of jobs to be created over three years; and 
       - Space requirements. 

V. V. REQUIRED EXHIBITS 
Exhibit A:  DEED 
Submit a copy of the deed to the property or the lease agreement. 

Exhibit B:  COMMITMENTS 
Submit letters of commitment or other documentation to support the figures contained in 
Section 7 of “Application for a Certified Missouri Incubator Designation.” These letters 
or documents should specifically state the amounts committed interest rates and terms.  In 
cases of donated equipment, the letters should state the value of the equipment “as is.” 

Exhibit C:  BUILDING CODE CERTIFICATION 
Include a letter from the local jurisdiction certifying that the building conforms to all 
applicable building and energy codes.