The incubator program helps small businesses by providing attractive lease rates to qualifying tenants. Tenant selection criteria is listed below:
• The business should produce a product
• The business should be ready to begin production
• Business owners will be interviewed to determine if he or she has developed a sound business plan
• Consideration will be given to the number of jobs created by the business and the potential for job growth

Terms of the lease agreement vary from tenant to tenant, but common elements include:
• A three year lease is usually the longest initial term
• The Port will work with the business to construct improvements necessary for their specific requirements
• Tenants are not required to move out of the incubator building after the initial lease period, but will be required to pay market rate for the continued lease

Space is currently available in both Seaport Business Center buildings.