IN 2017COMPLETED THE CONSTRUCTION OF THE 5400 sqft. BOARDWALK MODULAR ADDITION FUNDED BY THE HARRISON COUNTY DEVELOPMENT COMMISSION
IN 2017201 TOOL-BASED WORKSHOP TRAINING CURRICULUM FOR EXPERIENCED ENTREPRENEURS DEVELOPED
IN 2018PARTNERED WITH GOOGLE FOR LIVE-STREAM GOOGLE USER CLIENT TRAINING
IN 2018TIC CAMPUS REACHED 100% OCCUPANCY
SINCE 2018THREE RESIDENT FIRMS HAVE SURPASSED THE $1,000,000 IN SALES THRESHOLD
SINCE 2010TIC HAS FACILITATED INBOUND ENTREPRENEURS FROM CANADA, COLUMBIA, VIETNAM, ISRAEL AND BRAZIL
2018 Annual Score Card
Main Building Average 99%. Modular Additions average 98%.
OCCUPANT's INCUBATION -
Average 55 permanent / 19 virtual. Average tenancy 3.7 years.
SUCCESS RATE -
Zero business failures 96 months running.
Small Business Resource Conference (May & Nov). Export Boot Camp.
Business 101 Workshop Series (monthly).
Small Business Development Center(In-House Partner)
Clients - 240
Long Term - 52
Business Starts - 18
Events - 97
Hours - 2210
Attendees - 631
SALES GROWTH -
Long Term Clients - $2,154,000
SBA - $1,447,500
Conventional - $13,608,975
EQUITY CAPITAL -
Owner(s) - $1,379,166
South MS Contract Procurement Center(In-House Partner)
Clients - active 875
Sessions - 1849
Events - 32
Attendees - 2088
Prime - $1,871,741,603
SUB - $7,741,656
Taxes Generated By TIC Resident CompaniesEmployment Taxes - $165,270
Sales Taxes - $512,322
Corporate & Other Taxes - $141,866
Total Taxes - $819,458
Dr. Stephen Whitt
Bachelor of Science in management and economics- 1976
Masters in Business Administration – 1982
University of North Alabama
Doctorate of Education / Public Administration
University of West Florida
SBA Certified Business Analyst
Certified Teacher with the Florida Department of Education
Certified Incubator Manager
Stephen has served as a business consultant, completing projects for the Borden Company, two divisions of Berkshire-Hathaway (Garan and Miller International), Eckerd Drugs, Wolfe Industries, CVS/Pharmacy, and Lakewood Industries. He has also started and managed his own companies in diverse business sectors including food service, amusements, waste hauling, real estate, and oil services.
Stephen has been involved in the incubation industry since 2004, serving as the director of the Bay County Small Business Incubator (a cooperative project between Florida State University, Gulf Coast Community College and other economic development partners) in Panama City, Florida. He assumed the directorship of The Innovation Center and The Innovation Center Foundation in October 2007.
Mississippi Gulf Coast Community College
Bachelor of Arts in business administration
University of Southern Mississippi
Patty is very active in the Coast Chamber of Commerce and serves as a Chamber Champion. In 2008 and 2010, Patty attended the National Business Incubation Association National Convention. Patty Usry has been employed at The Innovation Center as office manager since May 2007.