Emerging Enterprise Center Inc. Logo

MIP Score

52

Community Building
NEC Community Improvement Support

Emerging Enterprise Center Inc.

Mission

The Emerging Enterprise Center is a business incubator and accelerator managed by the New Castle County Chamber of Commerce. It offers mentorship, networking opportunities, and affordable office space to assist startups in achieving sustainable growth and success.

Basic Information

Tax-Exempt

Address

900 Justison St, Wilmington, Delaware, 19801

View all Wilmington charities

Founded in

2013

EIN

27-3709704

Total Assets

$1.966 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Emerging Program

Emerging Program

An 8-week program designed to help participants understand the essentials of starting a successful business.

Business Growth Workshops

Business Growth Workshops

Interactive workshops covering various topics essential for business growth and development.

Delaware Entrepreneurial Summit

Delaware Entrepreneurial Summit

An annual summit featuring discussions and networking opportunities for entrepreneurs.

Impact Stats

85

Number of Companies

Companies Assisted

We have proudly assisted in the growth of local companies.

989

Number of Jobs

Jobs Created

Businesses that have gone through our incubator program have created jobs in the community.

$187+ Million

Revenue Generated

Revenue Generated

We have helped businesses generate significant revenue through our incubator program.

Our Programs

Emerging Program

Emerging Program

An 8-week program focused on building a solid foundation for business success.

Learn More
Business Growth Workshops

Business Growth Workshops

Workshops to help entrepreneurs develop key business skills.

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Swim with the Sharks

Swim with the Sharks

An annual pitch competition for startups to present their business ideas.

Learn More

Testimonials

"The main attraction for the EEC was their mentor program. It takes a village to make a company and the EEC provides that village. There is a huge amount of support!"

Brooke Miles

Incubator Graduate

"One of the things that the EEC helped me concentrate on was to find the resources necessary to implement my business plan and grow a business."

Matt Doyle

Incubator Graduate

"Being a part of a small business incubator has helped us avoid challenges and grow from a small home office to a mature company."

Mark Olazagasti

Incubator Graduate

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

52

36

/100

Program Expense Ratio

80.60%

14

/20

Program Revenue Growth

2.71K%

2

/20

Leverage Ratio

0.6555

6

/20

Working Capital Ratio

1.481

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants566.5K72.62%
Program Services80.55K10.33%
Investment Income550.01%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue780.1K100.00%