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Flagship, City of Anderson support Anderson Business Incubator

Ed McPherson moved his multi-million dollar archery equipment development and sales business to Anderson despite being courted by other states and cities.

“Anderson was very aggressive in their approach,” McPherson said. “I was in Alabama before this and we were having problems with all the hurricanes.”

McPherson is one of two new businesses now occupying the Anderson Business Incubator that was dedicated Thursday. The new ABI, 700 Meridian St., also is home to Dan Wehner, owner of ID Graphics. The two companies occupy 3,000 square feet of the 10,000-square-foot facility. Wehner moved into the ABI after operating a business out of his home in the historic district on 10th Street for the past five years.

“The incubator allows me to pursue larger projects,” Wehner said. “There are things I can take on that I couldn’t do before.”

His business does everything from silk screening T-shirts to designing logos and embroidering designs and logos on fabric. [PHOTO: Mark Paschal, of Vision Signs & Graphics, shows Chuck Staley their quality large printing during the ABI open house Thursday afternoon. John P. Cleary / The Herald Bulletin]

The incubator will become part of the partnership already established between Anderson University and the city of Anderson. The staff from the Flagship Enterprise Center (FEC) along with the Society of Retired Executives will assist in managing the new incubator, said Mayor Kevin Smith.

“It’s logical for the FEC because they deal with requests for space and the special needs for businesses wanting to start up,” Smith said.

Anyone with an idea can approach the Flagship and if they are technology based, they will become part of the FEC. The ABI is for a small business that is less technology based and doesn’t need the Interstate 69 location, said Chuck Staley, Flagship president.

Anderson’s model for an incubator is unique because it combines the university and city with help from SCORE, the retired executives, said Jim Ault, chairman of the board for the FEC. Helping small business is a key to economic growth.

“Last year it was 43 percent of the companies with 50 or less employees that were responsible for growth,” Ault said. “The Fortune 500 were flat.”

Entrepreneurs have a great passion for what they believe they can create and market, said Art Patterson, executive director of the FEC. Both at the FEC and at the ABI, people are there to help small business develop business, financial and market plans. The ABI will help small businesses get started and get them ready to be on their own within three years.

For McPherson, the ABI creates a friendly environment to design new innovative archery equipment. In 2005, his designs swept all five categories of the Archery Merchant’s Organizations awards. He said that once he gets into production, Ted Fiock of Anderson Tool will be producing $50 million worth of parts for his business.

“Ted is cutting the best parts that I’ve ever had cut,” McPherson said of his 30 years of design experience using vendors. “If the city continues to work with us as well as they have, I can see bringing in 20 to 30 businesses from this arena to the area.”

--Avon Waters writes on behalf of the Anderson Herald Bulletin ( http://www.theheraldbulletin.com ).  Story reposted with permission.