IN­CU­BA­TOR PLANS CO-WORK­ING OF­FICE EX­PAN­SION TO ILL.

The Denver Post - - BUSINESS - — Ta­mara Chuang, The Den­ver Post

The In­no­va­tion Pavil­ion on Tues­day named Joliet, Ill., a Chicago sub­urb, as the next city to get its own in­no­va­tion cam­pus.

The Cen­ten­nial-based in­cu­ba­tor com­pany, which likes to open hubs in sub­ur­ban cities of­ten on the out­skirts of ur­ban ac­tiv­ity, re­ceived unan­i­mous ap­proval from the Joliet City Coun­cil in July. The city ap­proved $200,000, free city land and other in­cen­tives, ac­cord­ing to The Her­ald News in Joliet.

Sim­i­lar to pre­vi­ously an­nounced fa­cil­i­ties in Parker and Olathe, Kan., In­no­va­tion Pavil­ion wants to build a 100,000- to 200,000square-foot cam­pus in Joliet that would of­fer lo­cal en­trepreneurs a place to work, live and make stuff, thanks to a maker lab for pro­to­typ­ing. The Joliet cam­pus also would in­clude a school fo­cused on STEM, or sci­ence, tech­nol­ogy, en­gi­neer­ing and math.

It’s part of a plan the com­pany an­nounced last year to ac­cel­er­ate the growth of one of the area’s first busi­ness ac­cel­er­a­tors. In­no­va­tion Pavil­ion founder Vic Ahmed ear­lier shared that the com­pany is talk­ing to 20 cities to ex­pand the in­cu­ba­tor model, which tar­gets young en­trepreneurs. The STEM school is mod­eled on the STEM School and Academy in High­lands Ranch.

The com­pany ex­pects the Joliet cam­pus will take three to five years to be com­pleted.

In­no­va­tion Pavil­ion, which opened in Cen­ten­nial in 2011, em­ploys 15 peo­ple and is one of the rare co-work­ing spa­ces lo­cated out­side of Den­ver. Gal­va­nize and WeWork each have two fa­cil­i­ties in cen­tral Den­ver.

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