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New business incubator sprouts in Grande Prairie

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Correction: A previous version explained SPROUT as being in 214 Place. An update has been made for clarification.

A new incubator for retail businesses has launched in Grande Prairie. Through a partnership between the City, MNP, Community Futures and ATB Financial, the program has been started to focus on retail businesses looking to take the next step. Program coordinator Rebecca Leigh explains that SPROUT has strong ties to prominent business in the community.

“Each of them bring expertise and resources that will be key in helping these local entrepreneurs be successful.”

The business owners would do groundwork to be able to one day open a shop in downtown Grande Prairie.

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The next step with the program comes in the form of classes. Retail owners go through the Retail Ready curriculum with a retail strategist and Executive Director of Alberta’s School of Retailing Emily Deveaux. Once complete, the entrepreneurs have access to short-term and low-cost leases to test their concepts.

Community Futures recently started a business incubator for businesses to go through for support called SPARK!. It is located on the 3rd floor of 214 Place.

For more information, visit SPROUT GP online.

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