
Unlimited Future, Inc. (UFI), a not-for-profit development
center, recognizes small businesses as one of the economy's
most precious commodities. According to the United States
Small Business Administration (SBA), small firms represent
more than 99.7 percent of all employers in the U.S. and employ
more than half of its private sector employees. UFI acts as
a catalyst in eliminating barriers to the creation of successful
business opportunities by allowing residents to realize their
goals and potential. Additionally, UFI creates an environment
for entrepreneurial success for start-up and emerging businesses,
by providing a physical facility,
education,
and operational
support, including the expertise of a network of advisors.
History: UFI has taken a different course from its initial direction. In 1991, UFI co-founders Michael Thomas, Joseph Williams, and Dr. Stephen Gunn and Dr. Sam Moore wanted to foster small business creation and retention and acquire a facility to use an business and manufacturing incubator where prospective minority entrepreneurs could develop their conceptual ideas into marketable products and services in the Huntington Area. After much planning and development and modifying its target audience, UFI opened its incubator in 1995 in Fairfield, a historical African-American neighborhood in Huntington, supporting the dreams of minority and non minority entrepreneurs in the Huntington area, including Cabell, Putnam, Lincoln, and Wayne Counties.
Incubator Rental Space:
UFI's Incubator offers tenants a technologically modern facility, which included access to a photocopy machine, fax and telephone answering service, utilities with exception of telephone and DSL, and access to a conference room. Secretarial and bookkeeping services are available for an additional fee.
Training: Strong entrepreneurial training programs play a prominent role in UFI's operations. UFI's Business Plan Basics course focuses on understanding the operational aspects of a business, strengthening venture stability, increasing profits, and creating a comprehensive business plan.
Micro Loans: Entrepreneurs are eligible for a Micro Loan after successfully completing the Business Plan Basics course, a business plan, a loan application, and agreeing to post-loan technical assistance.
Commercial Grade Kitchen: UFI has taken the concept of business incubation a step further. This year, UFI broke ground on its shared-use commercial kitchen facility, Mountain Bounty Kitchen, that will support food processing and food-related businesses.
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