• Nantucket Island Center for Entrepreneurship 

  • Nantucket Island Center for Entrepreneurship
    The Nantucket Island Center for Entrepreneurship (NICE) launched in January 2019 with the mission of creating the optimal local environment where resources are provided, and connections are made, to support the successful launch and growth of new businesses on the island of Nantucket. 

    While many wonderful regional/national resources exist for entrepreneurs, the Nantucket market is distinct and therefore requires a highly localized approach to incubating new businesses. The staffing and logistical challenges of operating on an island, as well as seasonality factors, make starting and scaling a business here particularly onerous.  NICE strives to bridge the gap between existing resources and the highly localized needs of our entrepreneurs by offering one-on-one business coaching, group educational programs, and a network of mentors tailored to the needs of Nantucket's unique market.  Focusing on early stage companies, NICE complements Chamber programming and resources for more established members of the business community.

    For more information about NICE please see our Frequently Asked Questions or email karen@nantucketchamber.org

    NICE Business Consulting Services
    The Center offers free, one-on-one business consulting sessions.  Aspiring as well as newly established entrepreneurs are encouraged to sign up. During these sessions, entrepreneurs are free to vet business ideas, review business models/financial forecasts, receive advice about marketing strategies, discuss funding resources, or any other topic that will help them progress in their journey.  Initial sessions are typically 60-90 minutes, and may be followed with additional free sessions as needed.  To apply please complete this simple survey.

    NICE Educational Workshops
    The Center offers also offers free or low-cost workshops, on a variety of topics, such as creating a business plan, raising capital and effective advertising strategies.  Check here often for a list of upcoming events.

    March 28 - Business Planning Simplified (in cooperation with SCORE Cape Cod & The Islands)

    Thursday, March 28, 2019 (8:00 – 9:30 am)

    Location:   Nantucket Chamber of Commerce, Zero Main Street, 2nd floor

    Cost:    Free (preregistration required) http://tinyurl.com/y32wllnr

    This hands-on workshop will explore a simplified means of business and strategic planning, through use of the SCORE Business Model Canvas (BMC).  BMC is a one-page planning tool that validates assumptions upon which business are formed or grown.  Participants will be able to see how to create a value proposition that resonates with their customer segments via channels of communication that are customer-centric.  The approach works for business launches as well as business expansions. 
     

    Become a Mentor
    In as little as one hour, you can significantly impact the success of island entrepreneurs by sharing your own invaluable experience.  Executives and business owners across all industries are encouraged to give back to the community by becoming a mentor. Please email Karen Macumber (karen@nantucketchamber.org) if you are interested in participating in our mentorship network.

     

    For more information about NICE please see our Frequently Asked Questions or email NICE@nantucketchamber.org