Lumbee Regional Development Association, Inc. in addition to providing employment and training, Head Start and Early Start program plus daycare and housing assistance services has recently indirectly become an “incubator for new small businesses.”
LRDA began providing rental space to the private sector in 2005 and since that time several small businesses that set up at the LRDA Complex on Prospect Road have outgrown the space provided to grow into other outside facilities. Such businesses include Native Visions magazine.
Currently, LRDA houses two other for profit
businesses in its facility: Heavenly Touch Home Healthcare & R & R
By providing low affordable rent which comes with “business incubator” norms such as high speed internet, existing phone service, janitorial services, water and garbage pickup, security system, grounds and yard maintenance with electricity included in the base rent, private or public sector businesses are assured extensive savings in starting up their operation.
In addition to the above these businesses receive some limited receptionist services as well. Since the 1980s, throughout America such “incubator business services” have helped thousands of small businesses to grow and create hundreds of thousands of jobs.
LRDA’s modern facility also offers tenants a T1 phone line for “real time” financial transactions posting and high tech video conferencing, including a board conference room, and a training assembly room that seats up to 150 for group needs.
Small businesses create more jobs in NC and America than major industries and are the lifeblood of the nation’s economy. LRDA is proud to do its part to promote economic development.