The Nussbaum Center for Entrepreneurship
The Nussbaum Center for Entrepreneurship is a non-profit small business incubator in Greensboro, NC operating 285,000 sq ft of flexible office, manufacturing, and kitchen workspace, serving early-stage entrepreneurs with co-located business support organizations and grant-funded programs.
- Company typePrivate
- Founded2012
- HeadquartersGreensboro, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The Nussbaum Center for Entrepreneurship does
The Nussbaum Center for Entrepreneurship is a non-profit small business incubator headquartered at 1451 S Elm-Eugene St in Greensboro, North Carolina, and designated as North Carolina's largest small business incubator. Its core offering is physical infrastructure and bundled support services for early-stage and growing small businesses, delivered through a 65,000 sq ft headquarters facility and a 220,000 sq ft redeveloping industrial campus called The Steelhouse on a 13-acre East Greensboro site. Product surface includes flexible month-to-month private offices, manufacturing and warehouse suites (365-5,047 sq ft at The Steelhouse with loading dock and 3-phase power), a shared-use commercial kitchen managed by Out-of-the-Garden Project, four bookable conference rooms, and a farmers market. The technology stack is intentionally low-tech: gigabit internet, WiFi, A/V, online conference room reservation system, and standard productivity amenities.
Revenue comes from two streams: recurring and usage-based facility rentals (office, manufacturing, kitchen, conference room) and grant funding from foundations and government sources. The go-to-market motion is community-led, with new tenants onboarded via an application process requiring a business plan, supported by a co-located ecosystem of seven small business support organizations (SCORE, SBTDC, NC Military Business Center, SBC at Guilford Tech, Piedmont Business Capital, Guilford County SBED, and Out-of-the-Garden Project). Customer segments include general small business owners, food entrepreneurs, and light-industrial manufacturers in the Greensboro region. The center supported 3,451 business owners in the past year through its own and partner channels, and its 67 associate companies are projected to reach $50M+ in aggregate revenue in 2025 (with $25.8M achieved in H1 2025), supporting 200 full-time jobs.
The Nussbaum Center for Entrepreneurship firmographics
Firmographics- Name
- The Nussbaum Center for Entrepreneurship
- Legal name
- The Nussbaum Center for Entrepreneurship
- Website
- https://nussbaumcfe.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Nussbaum Center for Entrepreneurship is a non-profit small business incubator in Greensboro, NC operating 285,000 sq ft of flexible office, manufacturing, and kitchen workspace, serving early-stage entrepreneurs with co-located business support organizations and grant-funded programs.
- Ownership category
- akta.pro rank
The Nussbaum Center for Entrepreneurship industry classification
Industry- Product category
- Small Business Incubator Services
- NAICS
- Management of Companies and Enterprises (55111)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro industry
- Entrepreneurship & Small Business Workforce ProgramsSmall Business & Entrepreneurship Community EducationEducation/Adult & Continuing Education/Community & Public Education Programs (Libraries, Community Centers)Corporate Venture Studios & Incubators (Build/launch ventures)Venture Studios / Company BuildersFounder/Entrepreneur & Family Business Executive Coaching
Keywords
Where The Nussbaum Center for Entrepreneurship is headquartered
LocationHeadquarters
- HQ city
- Greensboro
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The Nussbaum Center for Entrepreneurship business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Commercial Kitchen Rental: Hourly rental of shared-use commercial kitchen managed by Out-of-the-Garden Project, available for food entrepreneurs to prepare and package food for sale.
- Office Space Rental: Month-to-month office rentals with flexible terms, no long-term commitments or hidden fees. Includes gigabit internet and WiFi.
- Manufacturing Space Rental: Flexible manufacturing suites available from 365 to 5,047 square feet with loading dock access. Rental includes all-inclusive amenities designed for productivity.
- Conference Room Rental: Four shared conference rooms with online reservation system available for associate businesses and external tenants.
- Grant Funding: External grant funding received from foundations and government sources to support small business programs, facility improvements, and entrepreneurial services.
- Steelhouse Industrial Space Rental: 220,000 square feet of industrial, warehouse, manufacturing, and office space at The Steelhouse location. Zoned HI with 3-phase electric, flexible terms and affordable rents.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flexible workspace with all-inclusive amenities |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
The Nussbaum Center for Entrepreneurship product offering
Product offeringCore offering
The Nussbaum Center for Entrepreneurship operates North Carolina's largest small business incubator, providing flexible month-to-month private offices, manufacturing and warehouse suites, and a shared-use commercial kitchen to small business owners and entrepreneurs in Greensboro, NC. Tenants gain access to business coaching through a SCORE partnership, an on-site network of seven small business support organizations, conference rooms, gigabit internet, and grant-writing assistance, with the goal of reducing small business failure rates through shared infrastructure and ecosystem support.
Product overview
The Nussbaum Center for Entrepreneurship is North Carolina's largest small business incubator offering a unified ecosystem of workspace solutions and business support services. The core offering centers on its 65,000-square-foot facility and The Steelhouse (a 220,000 sq ft urban industrial redevelopment) providing flexible private offices, manufacturing and warehouse space, and shared-use commercial kitchen facilities. Business support is delivered through integrated services including SCORE business coaching, conference room booking, and the NC Idea Grant Writing Program. The center hosts multiple entrepreneurial support organizations (SCORE, SBTDC, Piedmont Business Capital, SBED) in one location, enabling small businesses to access consulting, financing assistance, and educational resources alongside physical workspace.
Differentiator
Problem solved
Functional benefit
Brands
- The Steelhouse: A 220,000 square foot urban industrial facility and redevelopment project at the Nussbaum Center, housing small businesses and entrepreneurs in manufacturing, warehouse, and office space.
Products and services
- Small Business Incubator Program Core incubator offering for small business owners and entrepreneurs, providing flexible office rentals, business coaching, and access to a community ecosystem through an application process requiring a business plan and financials.
- The Steelhouse Urban Industrial Facility A 220,000-square-foot urban industrial facility on 13 acres in East Greensboro offering manufacturing suites (365–5,047 sq ft), warehouse, office space, loading docks, and 3-phase electric (120/208v and 480v) for entrepreneurs, artisans, and small manufacturers.
- Private Office Rentals
Quantifiable outcome
- 79 businesses thriving after 5 years in operation
- +4 more outcomes
Companies that use The Nussbaum Center for Entrepreneurship
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
The Nussbaum Center for Entrepreneurship technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Nussbaum Center for Entrepreneurship partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and supporting.
- SCOREcoreCo-located in Suite 2306. Provides no-cost confidential consulting to entrepreneurs and small business owners at no cost.
- NC Military Business Center (NC MBC)supportingCo-located in Suite 1209. Supports businesses in recruiting military defense-related ventures to North Carolina.
- Small Business Technology Development Center (SBTDC)coreCo-located in Suite 2203. Provides no-cost knowledge, education and supportive resources enabling small and mid-sized businesses and emerging entrepreneurs to innovate and succeed.
- Small Business Center (SBC) at Guilford Technical Community CollegesupportingCo-located in Suite 1201. Offers no-cost confidential business counseling plus workshops and seminars on various business topics.
- Piedmont Business CapitalcoreCo-located in Suite 2101. Assists women and minority-owned businesses with access to capital.
- Guilford County Small Business and Entrepreneurship Department (SBED)supportingCo-located in Suite 3201. Advocates for all small businesses by providing opportunities to participate in county contracting and procurement programs.
- Out-of-the-Garden ProjectsupportingCo-located in Suite 1108. Manages an NC Department of Agriculture shared-use kitchen inside the center, available by the hour for food entrepreneurs.
- Triad Local FirstsupportingCo-located in Suite 3106. Promotes and strengthens economic growth and sustainability of local, independently-owned businesses.
- U.S. Commercial ServicesupportingCo-located in Suite 3107. Part of US Department of Commerce. Creates prosperity by strengthening international competitiveness, promoting trade and investment, and ensuring fair trade compliance.
Scale indicators11 records
Recent moves5 records
Expansion highlights4 records
The Nussbaum Center for Entrepreneurship competitors and assessment
Company assessmentDirect peers
- 1871 Chicago: Nonprofit tech and business incubator in Chicago providing co-located workspace plus a curated ecosystem of mentors, corporate partners, and programming — closely analogous to Nussbaum's one-stop-shop model for entrepreneurs.
- MassChallenge: Global nonprofit startup accelerator offering cohort programming, mentorship, and workspace to early-stage founders, similar in mission and community-led GTM motion to Nussbaum's incubator approach.
- Bunker Labs: Nonprofit incubator and accelerator supporting military veteran entrepreneurs with cohort-based programming and mentorship, similar mission-aligned model for an underserved founder demographic.
Regional players
- Center for Creative Economy: Greensboro-based nonprofit supporting local entrepreneurs and creative businesses with programming and mentorship, serving the same geographic market and customer persona as Nussbaum.
- HQ Greensboro: Greensboro coworking and shared workspace provider competing for the same SMB and entrepreneur tenant base in the Triad, with overlapping office and meeting-room offerings.
- NCBiotech (North Carolina Biotechnology Center): Statewide nonprofit that runs sector-specific life science incubator programming in North Carolina, comparable as a state-backed entrepreneurship support organization serving a different vertical niche.
- Launch Greensboro: Community-led initiative supporting Greensboro-area founders and startups with resources and networking, addressing the same local entrepreneur segment as Nussbaum from a programming rather than real-estate angle.
Broad incumbents
- Industrious: National flexible-workspace operator offering private offices, suites, and meeting space to SMBs and enterprises — overlapping with Nussbaum's private office and conference room rental lines.
- Galvanize: Co-working and education operator combining workspace with technical and business skill training, structurally similar to Nussbaum's blend of physical workspace plus business coaching.
Others
- ICCC (Innovation Crossroads / SCORE chapters): SCORE itself is one of Nussbaum's on-site partners but its national chapter network of free mentoring and small business workshops is the wider ecosystem the center plugs into for its coaching services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
The Nussbaum Center for Entrepreneurship social profiles
Digital presenceThe Nussbaum Center for Entrepreneurship financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Nussbaum Center for Entrepreneurship leadership team
Management profileNumber of profiles
Profiles1 record
The Nussbaum Center for Entrepreneurship funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Nussbaum Center for Entrepreneurship M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Nussbaum Center for Entrepreneurship
What does The Nussbaum Center for Entrepreneurship do?
The Nussbaum Center for Entrepreneurship operates North Carolina's largest small business incubator, providing flexible month-to-month private offices, manufacturing and warehouse suites, and a shared-use commercial kitchen to small business owners and entrepreneurs in Greensboro, NC. Tenants gain access to business coaching through a SCORE partnership, an on-site network of seven small business support organizations, conference rooms, gigabit internet, and grant-writing assistance, with the goal of reducing small business failure rates through shared infrastructure and ecosystem support.
Is The Nussbaum Center for Entrepreneurship a public or private company?
The Nussbaum Center for Entrepreneurship is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Nussbaum Center for Entrepreneurship founded?
The Nussbaum Center for Entrepreneurship was founded in 2012. It employs 1 to 10 people.
Where is The Nussbaum Center for Entrepreneurship based?
The Nussbaum Center for Entrepreneurship is headquartered in Greensboro, United States, in the North America region.
How does The Nussbaum Center for Entrepreneurship make money?
Six revenue lines are on record. Commercial Kitchen Rental is the primary driver. The others are office Space Rental, manufacturing Space Rental, conference Room Rental, grant Funding and steelhouse Industrial Space Rental.
Who are The Nussbaum Center for Entrepreneurship's main competitors?
Direct peers on record are 1871 Chicago, MassChallenge and Bunker Labs. Regional players are Center for Creative Economy, HQ Greensboro, NCBiotech (North Carolina Biotechnology Center) and Launch Greensboro. Broad incumbents are Industrious and Galvanize. ICCC (Innovation Crossroads / SCORE chapters) is listed as an others.
Does The Nussbaum Center for Entrepreneurship have an API?
No public API is recorded for The Nussbaum Center for Entrepreneurship.
What industry is The Nussbaum Center for Entrepreneurship in?
The Nussbaum Center for Entrepreneurship's product category is Small Business Incubator Services. Its primary akta.pro industry code is EDAAAOAM, Entrepreneurship & Small Business Workforce Programs, with a secondary code of EDAAAFAK, Small Business & Entrepreneurship Community Education. Its NAICS code is 55111 and its SIC code is 8742.