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Franklin Business Center

Franklin Business Center Evaluation Criteria

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  • Potential for growth and job creation
  • Need for and willingness to accept the services of the Franklin Business Center
  • Adds to local economic diversification
  • Viability of the business and its potential for success
  • Marketing opportunity and planned approach
  • Compatibility of the business to the Franklin Business Center program and facility.

*The Franklin Business Center does not accept applications for retail or nonprofit businesses.

Franklin Business Center Application Process

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  • Complete the application and submit it by U.S. mail, electronically or deliver in person to the Franklin Business Center 601 N. Mechanic St. Suite 300 Franklin, VA 23851.
  • Application is reviewed and determined if it satisfies the minimum qualifications as listed above. Applicants are then notified if their business is eligible for consideration.
  • If deemed eligible, one copy of each of the following materials are required to be submitted:
    • Completed and signed application
    • Current business plan
    • Current financial statement
    • At least three professional references
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  • Franklin Business Center Advisory Board reviews the application and all related information and evaluates the business according to the evaluation criteria listed above.
  • Applicants will be notified of the Franklin Business Center Advisory Board's decision.
  • If accepted, a meeting will be scheduled to review and sign an official lease.
  • Prior to occupancy applicants and businesses must comply, or agree to comply, with all applicable local, state and federal regulations and ordinances, including applicable environmental laws.

*The Franklin Business Center Advisory Board may request additional information to establish or verify that the minimum qualifications are satisfied.