Next Level Incubator
The Next Level Business Incubator is for established, Black-owned, small businesses that are ready for growth. The program offers assistance to Black entrepreneurs including access to resources, networking opportunities and experienced entrepreneurs-in-residence (EIRs). EIRs are business owners and advisors who work directly with clients to help navigate the journey of growing a company. These EIRs are the central component to the Next Level program.
Next Level is part of the GROW program at Bounce.
The goal of the Next Level Incubator is to help established, Black-owned, small businesses grow.
How we help:
Each client works closely with their EIR to determine their business’s growth strategy, next steps and how to get there. This could include things like getting more customers, increasing revenue, managing business relationships and contracts, or developing marketing strategies.
Next Level clients also meet regularly with the Bounce program manager. The program manager provides added business support and can coordinate needed resources in the Bounce network. This could include facilitating introductions or helping execute on the advice and guidance from their EIR.
Bounce clients have access to a network of resources to help meet the needs of their businesses. This includes access to certifications, loans and industry groups. Additionally, Bounce works with service professionals such as lawyers and accountants to supply low-cost services for companies.
Events and topics vary, but our quarterly meetups for Next Level clients generally include presentations by experts and advisors that focus on specific issues important to entrepreneurs at the growth stage. The discussion and meetups will also connect clients to other business owners for networking and collaboration opportunities.
Benefits for Black entrepreneurs
- Small business expertise, mentorship, a collaborative work environment and access to capital.
- Business development programming such as workshops, panel discussions and referral tables.
- Structured environment and business advising that can help a new business keep focus.
- Access to Bounce’s coworking space.
Apply to Next Level
There is no cost to join the Next Level Incubator. However, to be accepted into the program, companies must meet certain criteria and we have two obligations that we ask clients to fulfill:
- Be available, commit to and attend regular meetings with EIRs and program managers
- Complete a bi-annual survey detailing their company’s key metrics, such as new hires, revenue and more.