New Michigan Incubator, NextWave, Helps Businesses Get Capital, Exposure

Nancy Skinner, CEO of NextWave Media Studios and part owner of the just-opened NextWave business space in Troy, MI, describes her new digs as a “different animal” from your average incubator.

It is more than just shared office space, she says. “If we deem that your company has good prospects, then we’re going to throw all of our resources into it,” Skinner says. “We’re going to help you with building a business plan, marketing, access to capital.”

Not only that, but NextWave gives its chosen companies “very aggressive growth objectives” within certain periods of time, she says. If they succeed, then they can advance and get bigger and better offices, and even a flag on the NextWave flagpole.

“It’s not a ‘Survivor’ ‘you’re off the island,’ but it’s not an indefinite ‘we’re going to support you forever’ kind of thing,” Skinner says.

It’s funny that Skinner mentions a reality show, because she’s producing one right now in her studios at the NextWave incubator, although she will not yet reveal what the show’s about. Skinner is a TV and radio personality in her own right, appearing regularly as an analyst on Fox News, and she had her own syndicated radio talk show out of Chicago for eight years. She beams with pride about her new studios at the NextWave incubator, which had its grand opening July 15 at 15 Mile Road and Stephenson Highway. They took over, and renovated, the first two floors of the DuPont building.

Skinner also took over an 88-seat auditorium and rebuilt it into a full high-def TV and audio studio that she calls a “Digitorium.” She does her almost-daily Fox News spots from there, but the main purpose is to give tenant companies the capability to produce live-streaming Web events, podcasts, viral videos, anything they need to help spread the word about their companies.

“So many companies, especially these high-tech geeky guys, think that they need to hire

Author: Howard Lovy

Howard Lovy is a veteran journalist who has focused primarily on technology, science and innovation during the past decade. In 2001, he helped launch Small Times Magazine, a nanotech publication based in Ann Arbor, MI, where he built the freelance team and worked closely with writers to set the tone and style for an emerging sector that had never before been covered from a business perspective. Lovy's work at Small Times, and on one of the first nanotechnology-themed blogs, helped him earn a reputation for making complex subjects understandable, interesting, and even entertaining for a broad audience. It also earned him the 2004 Prize in Communication from the Foresight Institute, a nanotech think tank. In his freelance work, Lovy covers nanotechnology in addition to technological innovation in Michigan with an emphasis on efforts to survive and retool in the state's post-automotive age. Lovy's work has appeared in many publications, including Wired News, Salon.com, the Wall Street Journal, The Detroit News, The Scientist, the Forbes/Wolfe Nanotech Report, Michigan Messenger, and the Ann Arbor Chronicle.