Rutgers Food Innovation Center
Bridgeton, N.J.
Lou Cooperhouse, director
Year established: 2001
Incubator size: 2,700 square feet (expanding
to 23,000 square feet in 2007)
Incubator clients: About 150 clients annually
Incubator graduates: The Rutgers Food Innovation Center has provided
mentoring services and educational seminars to 725 clients to
date.
http://foodinnovation.rutgers.edu
Achievements:
In the last six years, the Rutgers Food Innovation Center
(a unit of the New Jersey Agricultural Experiment Station at Rutgers
University) has assisted more than 700 entrepreneurs in the food
and agricultural industries. Even more impressive is that it did
so with only 2,700 square feet of office space. From a downtown
Bridgeton, N.J., office, Director Lou Cooperhouse
and his staff have provided entrepreneurs with assistance in business
development, market research, product and process development,
quality assurance and food safety. “The greatest success
of the incubator has been the impacts that we have been able to
achieve for our clients without even having an incubator facility,”
Cooperhouse says. “Several of these clients have received
international recognition because of our efforts.”
The
staff will be able to serve even more entrepreneurs when the Rutgers
Food Innovation Center moves into a 23,000-square-foot incubator
facility featuring shared-use food processing facilities later
this year. The incubator raised 100 percent of the funding for
the construction project through federal, state and community
grants. “Our successes with clients have enabled us to raise
over $12 million in capital and operational funding over a four-year
period and we will be entirely debt-free in the new incubator
facility,” Cooperhouse says.