The Village of Lumby and the Faculty of Management at University of British Columbia, Okanagan are partnering on a Capstone Project that analyzes the feasibility of an Incubation Center in the Village of Lumby. An Incubation Center is a facility that is intended to provide support to, and accelerate the growth of, new businesses and industries. It provides various resources including shared spaces for community access, innovation, and communication, as well as work spaces. Overall, an incubation center in Lumby can help to create an entrepreneurial ecosystem that supports the growth and success of startups, while also spurring economic development and attracting talent to the area.
Business owner survey