
Orange County’s new million-dollar business incubator has been added to the economic toolbox to try to drum up new business: all the trimmings of a working business in a clean, well-lighted space, ready to go for 11 cost-conscious entrepreneurs.
The idea is to create careers. Those seeking to employ at the minimum wage need not apply.
Former Pattern for Progress CEO Michael DiTullo was named executive director of the new Orange County Business Accelerator, which will be housed in 10,000 square feet of space the county has leased at International Plaza in New Windsor, adjacent to Stewart Airport.
DiTullo, Orange County Industrial Development Chairman James Petro and Orange County Partnership all hope the new accelerator will bring in needed new business to the region. The county’s coffers have been decimated by lack of revenue from stagnant home sales; that, coupled with reluctance on the part of consumers to spend, has been a significant jolt to the county’s revenue stream.
DiTullo was doing consulting work for the Solar Energy Consortium when tapped for the incubator job and will earn $85,000 a year in his new role. DiTullo, who also led the Orange County Partnership, the county’s business development arm, is someone executive Ed Diana is counting on to get the job done.
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