Flagstaff’s strong entrepreneurial spirit is fueled in part by the city’s educated workforce, cutting edge research, NAU graduates, and local quality of life. The Northern Arizona Center for Entrepreneurship and Technology, or NACET, is a 10,000 square foot incubator facility that assists entrepreneurs and creates low impact/high paying jobs for the region. NACET partners with a wide variety of non-retail, service, manufacturing, high technology, science and renewable energy firms, offering a hands-on business incubation engagement program designed to transform innovation into viable companies.
NACET is currently undergoing a massive expansion, with an additional 25,000 square foot accelerator program that will provide a “soft landing” for companies graduating from the incubator. The accelerator will provide shared wet/dry lab space, manufacturing, and office space providing a cost effective and scalable site for pre-revenue companies. Two additional 25,000 square foot facilities will complement NACET’s efforts.
NACET is one of the leading incubator programs in the country and recently won the 2012 Governor’s award for economic development.