August 9, 2022

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Roseville invites entrepreneurs to ‘Venture Lab’

The city of Roseville is teaming up with the Growth Factory to launch the Roseville Venture Lab in the heart of downtown.The new building for entrepreneurs will open up in about eight weeks, with the hope that more small businesses will decide to open up in town. It’ll be located at 316 Vernon St. The nonprofit organization Growth Factory will operate the entrepreneur center in the 2,416 square foot building owned by the city.There will be mentorship programs, education and grants for people with big ideas.People can test their inventions and products, then bring them to the market with help from experts.Entrepreneurs can also rent a space to work out of the building.You don’t have to be a resident to take advantage of the Roseville Venture Lab. “This is the perfect opportunity to show what a silver lining can look like, and that is after the pandemic, some businesses were hurting, and we have people and organizations that are stepping up to help create opportunities for those dreamers, for those entrepreneurs who have a great idea,” Roseville Mayor Krista Bernasconi said. “It allows them to have access to capital. Test it in the market, and we think that Roseville is a great place to start that,” she said. The city will invest $1 million in the Roseville Venture Lab through the American Rescue Plan Act.It’s expected to bring in more than $5 million to the Roseville economy over the next five years.The goal is to have it open to the public by August. The Venture Lab will be free to use.

The city of Roseville is teaming up with the Growth Factory to launch the Roseville Venture Lab in the heart of downtown.

The new building for entrepreneurs will open up in about eight weeks, with the hope that more small businesses will decide to open up in town. It’ll be located at 316 Vernon St.

The nonprofit organization Growth Factory will operate the entrepreneur center in the 2,416 square foot building owned by the city.

There will be mentorship programs, education and grants for people with big ideas.

People can test their inventions and products, then bring them to the market with help from experts.

Entrepreneurs can also rent a space to work out of the building.

You don’t have to be a resident to take advantage of the Roseville Venture Lab.

“This is the perfect opportunity to show what a silver lining can look like, and that is after the pandemic, some businesses were hurting, and we have people and organizations that are stepping up to help create opportunities for those dreamers, for those entrepreneurs who have a great idea,” Roseville Mayor Krista Bernasconi said.

“It allows them to have access to capital. Test it in the market, and we think that Roseville is a great place to start that,” she said.

The city will invest $1 million in the Roseville Venture Lab through the American Rescue Plan Act.

It’s expected to bring in more than $5 million to the Roseville economy over the next five years.

The goal is to have it open to the public by August. The Venture Lab will be free to use.

https://www.kcra.com/article/roseville-invites-entrepreneurs-venture-lab-hopes-open-more-small-businesses/40106552