Virtual Incubation Program

a. Basic Virtual Incubation Package

• Use of mailing address
• Voicemail (24-hour access from any phone line)
• Internet access - 20 hours per month
• Copy/Fax/Postage meter access (invoiced monthly)
• Seminars - 50% discount
• Meeting room space (equipped) limited to 8 hours per month or 16 hours temporary office space (a combination of meeting room and temporary office space may not exceed value of 8 hour meeting room space).
• Networking event
• Newsletter - Opportunity for paid advertisement
• Company information on WPBDC website
• Videoconferencing - $25 per hour (discounted $10 per hour)

b. Additional Services (for additional fees)

• Website hosting with preferred provider
• Additional meeting or office space or internet use

Basic Virtual Incubation Package which includes use of WPBDC facility's mailing address, participation in WPBDC-sponsored workshops and seminars at discounted rates, and access to newsletters and e-mail distribution service for news updates. Additional services such as equipment rental and use of facility suites and conference/training rooms beyond the Basic Virtual Incubation Package are also available to Virtual Incubation Program Clients at additional rates and fees.

The cost of the Basic Virtual Incubation Package is $100.00 per month. Any additional services requested during each month will be billed according to a separate price list as they occur. A security deposit of $100.00 will be assessed at the start of the initial participation term. The security deposit will be held for the duration of participation in the program. Clients will be billed monthly by WPBDC.

For detailed information see the Memorandum of Agreement.