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Bertelsmann opens doors of foreign incubator.


The International Business Incubator Business incubators are organizations that support the entrepreneurial process, helping to increase survival rates for innovative startup companies. Entrepreneurs with feasible projects are selected and admitted into the incubators, where they are offered a specialized menu of  New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 (IBI See Information Builders. ) at the Bertglsmann Building, exclusively serving foreign firms, is now accepting tenants.

Bertelsmann Inc. developed the facility in cooperation with New York City.

Only foreign companies with no New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 presence will qualify for residency in IBI, located on two 25,000 square-foot floors of the new Bertelsmann headquarters at 1540 Broadway.

Bertelsmann, the German media company that 10 years ago had a limited presence in New York City, now occupies more than 700,000 square feet in the building it owns at 1540 Broadway.

The incubator will offer a Commercial Concierge providing free consulting services to each tenant, including government relations, business development, introductions to service providers and even assistance with personal matters such as finding a place to live or a school for children.

Parter Part´er

n. 1. One who, or which, parts or separates.
 International, Inc., an international development firm that is IBI's Commercial Concierge, has created a "First Presence Program' that fastforwards assimilation by months or years, according to President Alan S. Parter.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:foreign companies without New York location qualify for tenancy in International Business Incubator New York City at Bertelsmann Building at 1540 Broadway, New York, New York
Publication:Real Estate Weekly
Date:Jun 9, 1993
Words:165
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