JOBS retained or created locally.
GENERATED in private investment.
INCUBATED since its launch.
Estimated IMPACT on local economyh
The Downtown Business Hub incubator is a one-of-a-kind project that serves as the first bilingual (English/Spanish) business incubator in the Western United States. It is also known to be the third in the country of its kind. The Downtown Business Hub (DBH) incubator provides the community and businesses with a one-stop-shop service center and supports the start-up and growth of businesses through technical assistance, outreach, advocacy and access to capital. The incubation program of businesses provides businesses with long term training and one-on-one counseling. Businesses incubate for a period of 2 or 3 years before they move forward independently with their business goals. This project serves as a great example of an innovative strategy that directly improves people’s lives. Businesses receive unconditional support that is nurturing for their businesses success.
The vison of the Downtown Business Hub (DBH) incubator was created in 2002 by CEO, Dora Westerlund and a group of local business owners that joined her venture. There was no doubt that a business incubator would serve as a great resource center for small businesses that were underserved and needed the guidance to establish a successful business.
Our professional office spaces offer a business environment you won't find anywhere else.
The first bilingual incubator in the Western US, there is no shortage of outlets when it comes to company resources.
No startups here. Our hallways echo with the sound of knowledge and advice from real world experience.
Since its launch in 2011, the DBH has incubated over 80 small businesses. Currently, the DBH is home to 20 businesses that offer a diverse range of products and services that include legal representation, insurance, marketing and communications, financial advice, education, business consulting, and others. The DBH has demonstrated the effectiveness of its business expertise and loan programs through the job creation and economic impact it has created. Since 2011, over 1100 jobs have been created/retained and over $2.7 million of private investment has been generated.