Why NACET

Starting a business is risky.

Small businesses are the backbone of the local and national economy. According to the Arizona Department of Commerce, small businesses who employ fewer than 100 employees account for 95 percent of all those in this state. Unfortunately, even though small business creation is strong, so is the failure rate — the majority of new companies close shop within 5 years. In contrast, according to the National Business Incubator Association (NBIA), 87 percent of firms that graduate from an incubator are still in business.

Why do start-ups fail?

One big reason is a lack of business knowledge and experience; another is a lack of external business development support and access to seed capital. Joining a business incubator is probably one of the most important steps you can take to ensure your future success.

We are a community of entrepreneurs.

NACET provides the ideal environment to start and grow a business because we couple you with seasoned business expertise. You also interact with other entrepreneurs who share similar challenges, creating opportunities for synergistic relations. We consult with you on a range of business disciplines — marketing, distribution, manufacturing, logistics, accounting, legal, human resources, financing, and others. These services are provided through NACET staff, mentors, professional service providers, and/or an entrepreneurial network. In addition, our clients can take advantage of office space, lab space, and business support services in our state-of-the-art facility in the City of Flagstaff’s Innovation Park on McMillan Mesa.