RTP is not just a home for large operations. More than 40% of the Park’s 170+ companies has fewer than 10 employees. To further build the start-up and entrepreneur community within the Park, RTP boasts five incubators and business accelerators, where currently nearly 80 start-up and early-stage companies are nurtured. Amenities in these facilities include a variety of administrative and facilities services and offer flexibility in tenant improvement and terms of lease.
- Alexandria Innovation Center
- First Flight Venture Center
- Park Research Center
- The Accelerator for Translational Biosciences at The Hamner Institutes for Health Sciences
Over the years, the Park's incubator facilities have been the start-up locations to more than 250 companies, with more than 120 still flourishing as independent entities in the Research Triangle area.
Harvesting innovation on flexible, cost-efficient terms
Park Research Center (PRC) is an example of redevelopment in RTP that caters to evolving R&D space needs and brings the region's intellectual property from bench to market. Originally the home of the National Institute of Environmental Health Sciences, PRC is an aggressively priced, competitive choice for start-up space in the Park. The thirteen buildings on the campus offer both office and lab space for lease on flexible, cost-efficient terms.
Owned by the Research Triangle Foundation through its subsidiary, the Triangle Service Center, the PRC incubator is another way to encourage university-related activity in the Park and to provide a home for young companies emerging from university research.
* Contact RTP Business Development to learn more about starting-up in the Park.