Economic Development
Business Incubation
Our business incubation work helps strengthen neighborhood economies. By providing affordable commercial space and support to emerging and diverse businesses, Common Wealth helps entrepreneurs grow businesses that create jobs, provide services, and build local wealth. Strong local businesses contribute to healthy neighborhoods because they keep opportunity closer to home and help communities remain active, connected, and economically alive.
Madison Enterprise Center (MEC)
MEC is a 1st stage business incubation initiative offering office and light industrial business incubation spaces for start-up and expanding small businesses. The suites at the Madison Enterprise Center offer affordable rental rates and shared services, including high-speed Internet and video conferencing equipment. The on-site manager is available to provide business assistance and resource-matching services to connect tenants with existing business support programs.
Main Street Industries (MSI)
Owned and operated by Common Wealth Development, Main Street Industries is a second-stage business incubator located in an old 50,000-square-foot Greyhound Bus terminal that was renovated in 1996. The building offers attractive, affordable office and light industrial space and shared services. The manager is available to provide business assistance and resource-matching services to connect tenants with existing business support programs.
They’ve been very accommodating, flexible, understanding, wonderful people and they’ve done wonderful things for our neighborhood. Looking back on 35 years of being a tenant at Common Wealth, I just feel like I’ve been exceptionally fortunate.
- Jake, Wildwood Productions
