Soho Incubator: Small Office Home Office Incubator

Soho Incubator is part of a larger project that focuses on the issues that are relevant to start-up and small business. I have been part of the start-up and small business world for the past fifteen years (15) and it just amazes me how little has changed. The current economic is an incredible opportunity to frame the dialogue on the state of start-up and small business in the United States and to create viable and reseasonable and actionable solutions towards solving many problems that exist in this arena.

I read a post from David Gass Founder of Business Credit Services, Inc. and he was right on when he wrote that "Small Business Lenders are Clueless" Business Credit News All of this time and all of the rhetoric around the need to lend to small business and still start-ups and small business owners are suffering with relatively limited access to capital.

In the article, Gass mentioned that JPMorgan Chase is to add $4 billion in small business loans and Bank of America extends nearly $78 billion in small business credit in 3rd quarter. Let's see what success they bring to small business market. Has anyone tried getting a loan from these institutions lately? Are they working with community based banks and or small business banks, micro-finance organizations in order execute some of these loans or are they sitting behind their desks running spreadsheets all day.

In the same breath, President Obama announced that he'll host a White House summit next month on combating the chronic joblessness that continues to be a drag on a struggling economy. No offense, but it's a no brainer, find and or devise concrete ways for the larger banks (the one's that received taxpayer bailout funds) to give to the smaller banks so that those banks can in turn lend to start-up and small business and or at least create viable, trackable systems and co-partnerships with entrepreneurial ventures to execute lines of credit and other funding support.

Soho Incubator has risen out of the goal to service the small office home office start-up and the need to have more centralized, but informal networked and affordable incubator solutions for start-up entrepreneurs and small business. Soho Incubator runs informal weekly classes, seminars and networking groups in the New York/New Jersey area and the San Francisco Bay area. If you would like to start an incubator in your area, let us know. sohoincubator@gmail.com