GoDaddy partners with Better Business Bureau to create Phoenix incubator
Web hosting giant GoDaddy and the Better Business Bureau (BBB) are teaming up to provide young businesses in Phoenix with an incubator to provide training and guidance. The incubator – known as Ignite by BBB – will be aimed at “Main Street” entrepreneurs. In other words, start-ups in the trades sectors, like plumbing, automotive, retail, and landscaping. That’s good news, as Arizona is a hot market for entrepreneurs.
GoDaddy’s share price has appreciated by 13% so far this year
Source: Yahoo Finance
BBB representative Kimberly Roland said: “Historically, service industry entrepreneurs are not the target audience for incubator programs which is a major reason this incubator will stand out. It can also be identified as a non-tech venture, although in the 21st century even the smallest businesses do have important tech components. Additionally, there will be specific tracks for women, veterans, and refugee entrepreneurs.”
GoDaddy’s role in the partnership will be to facilitate online tools and support to the businesses that incubate. It will also provide $150,000 of free workshops to ensure that the businesses in question have access not to just tools, but the education required to use them.
Discussing the BBB’s new partner, Roland continued: “GoDaddy’s mission of ‘radically shifting the global economy to small business’ aligns seamlessly with BBB’s focus on small business indexed heavily in service-based businesses. When seeking a partner to pilot this program we could not think of a better pairing of two iconic American brands to deliver a best-in-class business incubator geared towards serving small business ventures in Arizona.”
Framing the project, she added: “Having a top-notch incubator in Phoenix geared specifically towards Main Street businesses will be an amazing asset not just for our business community but all residents who will be impacted positively by the economic development that stems from business creation and growth.”
Dominion holds GoDaddy in its Global Trends Ecommerce Fund.
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