CEDC, council discuss Innovation Park

The Canton Economic Development Corporation discussed a proposal for the Canton Innovation Park during their January meeting.
A project called a “business incubator,” was discussed thoroughly, with pros and cons of the project
Canton Visitors Bureau Coordinator Austin Melton, who presented the project to the CEDC, said that “business incubator was an excellent solution for small businesses and startups who need office space to get their plain developed and start operations, and for people who need a desk with excellent internet.”
The proposed location would be on at 24980 Highway 64 E., where the old Canton Police Department headquarters and municipal court was previously.
The idea, Melton said, “is that the incubator would help small businesses and entrepreneurs succeed and transition to independence.”
Melton said that there were a number of incentives involved in the project.
Incentives were low overhead costs, the potential for grants that are available for innovation, reduced rent for preferred business, potential mentors/ collaboration, access to professional services and training and resources.
Director of the CEDC Julie Seymore presented the project to the Canton City Council Jan. 17.

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