We are Nevada's Only State-Wide Business Incubator!
StartUpNV, a 501(c)3 nonprofit, engages new and experienced entrepreneurs from a wide variety of industries and business sectors. We offer an opportunity to go from idea through beta testing to a revenue-producing business – with the appropriate capitalization for growth.
Our work spaces in Las Vegas and Reno are inspiring and connect to SBDC facilities throughout Nevada’s eight rural areas. Our mentors are experienced and successful, with well-connected networks; and, most importantly, they are accessible. Our business and capital partners count on StartUpNV to create a strong and growing pipeline entrepreneurial founders and new companies in Nevada. Our communities count on us to cultivate new ideas and generate self-sustaining and diversified local economies, grow businesses and jobs, and attract and retain the best and brightest here in our state of Nevada.
Our Entrepreneurial Community
and the roles we play in it!
Our members represent a wide range of business categories and sectors. There are no constraints here. We want to talk with entrepreneurs and founders with great ideas, an initial plan, and the desire and commitment to make it happen.
Volunteers come from a variety of backgrounds and skills. Help with everything from teaching a class, mentoring, raising donations, conducting research, organizing meetings, help with presentations, the list is nearly endless.
We are a 501(c)3 non-profit and our low member fees cover a small part of our costs. We depend on donations to support our mission. Please click to donate directly or to find out how you can donate via your regular Amazon purchases.
Our Member Start-Up Companies
Founders | Board Members
Co-Founder, Executive Director
Our brother and co-founder, Eric Madison died tragically in an auto crash on August 19, 2017. He was killed by a drunk driver going the wrong way on I-580 in Reno, NV. We morn his loss and appreciate the community’s support through a difficult time. We will honor his tireless work in the startup community through his continuing presence in our hearts – and on our web site. We will honor his life by carrying out his legacy with StartUpNV.
Here are some links to tell you more about our brother, our friend, our partner – and co-founder: Eric Madison
Co-Founder, Board Member
Founder / executive / strategic advisor with hands-on experience in solution development, sales, service, & ops management for enterprise, B2B, & B2C SaaS/Cloud solutions.
Successful co-founder, member of founding executive team with successful exits including three (3) IPO’s and one (1) private sale. Member of Summit VMS program advising four (4) Nevada companies. Co-founder of two (2) currently operating early stage B2B SaaS companies.
Board Member - Representing UNLV
Associate Vice President for Economic Development, Executive Director, UNLV Research Foundation / Executive Director, UNLV Technology Transfer and Development
Deputy Executive Director, University of Utah / Associate Director, University of Utah Technology Commercialization Office.
Member of the executive team of the University of Utah team who grew the University of Utah into a “top 5” US university in technology commercialization.
Co-Founder, Board Member
Founder, Kriss Partners Inc / Managing Director, Houlihan Capital / Director, Nortel Networks / Team Lead for the first wireless handheld device at Palm Computing technology team.
Investment Banking Expertise | Technology Expertise | Member of the Founding Team.
the most popular questions
Q1: What is a Business Incubator?
A1: A Business Incubator nurtures entrepreneurs and development of their companies in the earliest stages – as early as idea or plan, or initial commercialization of the product or service.
Q2: Why would an entrepreneur or very early stage business join an Incubator?
A2: Survival rates are very low beyond the first few years for new businesses; but companies that have been through a good incubator have double the success rate.
Footnote: though the main company still needs to be a US registered one..
Q3: What is ||included|| in a Business Incubator?
A3: Incubators themselves are a blend of human resources – people who coach, mentor, critique, troubleshoot, instruct and advise, support infrastructure – physical and digital infrastructures, access to professional “outsourced” services – legal and accounting, access to the business community at large – partners, and sometimes capital via banks and investors.
Q4: How many Business Incubators are there?
A4: 2012 statistics from the International Business Innovation Association indicate over 1,200 in the U.S. and approximately 7,000 world-wide.
Q5: What is the legal structure of a Business Incubator?
A5: Most Incubators in the US (over 90%) operate as non-profit corporations. StartUpNV is a Nevada non-profit.
A6: Is an Incubator the same as a Co-working Space?
Q6: No. A co-working space is an office or other type of commercial space that is shared by people who are self-employed or working for different employers. Sharing space and equipment helps people keep their costs low, and also allows them to work in an environment with others who have similar mindsets. Although co-working spaces usually have scheduled events and other organized activities, no member is required to attend, and there is no curriculum or access the instructive features of an Incubator.
Q7: What is the difference between an Incubator and an Accelerator?
A7: There is another format called a Business Accelerator that is also quite popular. Accelerators are for later-stage businesses – usually ones that already have a product/service and some market traction – and are usually operated as for-profits, and funded by investment funds. And whereas Incubators do not usually have set time-frames for “graduation”, most Accelerators do.
Q8: Do Incubators provide funding for start-ups?
A8: Not directly. By joining an Incubator, a start-up/ entrepreneur may receive quicker and more direct access to funding sources – banks, angel investors, and institutional funds – than going it alone. This is due to the profile of the managers and board members of the Incubator who themselves are typically well-connected in the business environment, and because Incubators often host presentation/pitch events that attract investors as the audience.
Q9: How do I know if I am qualified to join an Incubator?
A9: The only way to find out is to apply. But generally, an entrepreneur should have good knowledge of the market or type of business being contemplated; should have some experience in that market or technology; be skilled in developing the product or service being contemplated; have most or all of a plan or already have a minimally required embodiment of the product or service; and of course, all entrepreneurs must have significant energy, desire, and fortitude.
Q10: What does it cost to be a member of an Incubator?
A10: Most incubators charge a monthly fee for membership. The prices vary dramatically based on location and extent of services provided. At StartUpNV, we want to accommodate entrepreneurs who are otherwise qualified, but ultimately, one should assume there is going to be some cost of membership.
Q11: How long would the average entrepreneur/start-up stay in the Incubator?
A11: Time-frames vary depending on a number of factors. A start-up that already has a product/service built, or already has an initial “beta” customer base, may need 6 months or less; but a fresh-start effort may need 18 to 24 months.
Q12: What kinds of businesses are appropriate for an Incubator?
A12: One of the great things about business is it is always changing. So one is never able to know for sure what kinds of businesses will blossom from or in an Incubator. All Incubators have practical limitations as to the kinds of businesses that can be helped via the Incubator format. These limitations are mostly due to the areas of expertise represented by the staff (volunteers and employees) and the facilities themselves. StartUpNV is interested in being agnostic as to business categories and sectors; but we are always honest with entrepreneurs as to whether or not we believe StartUpNV can be helpful. As with anything in business, if two parties see a good fit, it is usually worthwhile to work together.
Q13: What should an entrepreneur do to prepare to apply to an Incubator?
A13: As with the Incubator process itself, an entrepreneur should be always be striving to be as far along as possible in every aspect of creating a business. In entrepreneurship, one’s work is never done. So, first of all, make sure that the type of business or product/service is something the entrepreneur is truly passionate about. Otherwise, all the work required will seem like, well, like work. Try to establish a solid plan – a business plan that is formally written out, or a way to convey that plan verbally in a presentation. And if the product or service is already developed to the point of being demonstrable, great. Practice pitching the business to others, and learn to take critique and incorporate suggestions for the next time. Be determined and politely aggressive. And always keep learning.
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