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The Incubator at MAGNET

The Incubator at MAGNET
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The mission of the Manufacturing Advocacy & Growth Network (MAGNET), is to support, educate and champion manufacturing, with the goal of transforming Northeast Ohio’s economy into a powerful global player. MAGNET acts as a voice for and to the region’s manufacturers, and is also a “one-stop-shop” for the public and private resources these companies need to compete around the world.

MAGNET's High Tech Business Incubation Program provides a comprehensive package of business assistance services to support the growth of technology-oriented companies. MAGNET's managerial services and facility amenities, including its experienced product development engineering team and other programs, are designed to significantly shorten a company's time to market—one of the most crucial elements of success for any business. 

MAGNET services include:

  • Concept evaluation and critique

  • Business plan review

  • Marketing plan development

  • Competitive analysis

  • Links to business support specialists

  • Links to financial resources

  • Strategic planning

  • Financial planning

  • Access to technologies and know-how

  • Technology transfer assistance

  • Intellectual property protection

  • Business review

  • Networking

  • Education

Also, on a fee-for-service basis, entrepreneurs can gain assistance with product development from highly-skilled individuals experienced in design engineering and prototyping, market testing, validation and product roll-out.

The 85,000-square-foot MAGNET Innovation Center (MIC) offers affordable space with 24-hour access (manufacturing and lab space, conference and presentation rooms, and more) to allow young companies to focus their limited cash and time on their priorities.

Contact Dave Crain at 216.391.7002

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