SOAR Innovation launches in downtown Chatham

SOAR Innovation ribbon cutting. (Photo courtesy of the Municipality of Chatham-Kent.)

Entrepreneurs and start-ups have a brand-new resource in downtown Chatham.

SOAR Innovation, a business incubator and accelerator, officially opened their doors Thursday night.

Gaurav Gupta, director of finance and venture services, said they are a start-up for start-ups.

“We are here to support all the start-ups in the region, all small businesses, and we can help businesses in converting their ideas into a business,” said Gupta. “If you are a small business, we can help you in scaling up your business. We are here as a one-stop shop for entrepreneurs.”

The facility offers co-working space with 28 desks and four private offices, as well as business mentorship, investment programs, and potential for commercial collaborations with corporations in the start-up community.

“We have connected all the dots that need to be connected to support a business,” said Gupta. “Now entrepreneurs have to just follow their dream and focus on working, and we will help them in soaring to a new horizon.”

Gupta adds that they did extensive renovations to the Daily Plant Building at 202 King St. W.

“We wanted this space to be a 21st-century space, in line with what you find in New York, Toronto, or Montreal,” he said. “We want entrepreneurs to work in an environment which is very contemporary, and that allows them to pursue their dreams.”

Future plans for SOAR Innovation include networking events for entrepreneurs, practical presentations based on member’s needs, and Demo Days, a Chatham-Kent pitch competition that will award funding towards innovative ideas and businesses.

Interested entrepreneurs are encouraged to contact SOAR directly to start the application process. For more information about SOAR Innovation, including details about their location and programs, click here.