How Business Incubation Can Grow in Pensacola, Florida

Not only is Pensacola the place where thousands live the way millions wish they could, but it's becoming more and more of a hot spot for new, high-growth businesses.

Pensacola, FL (PRWEB) May 18, 2006 -- Tim Handley, CEO of The Adaugeo Group, recently presented the idea of business incubation and the model of The Adaugeo Group to Pensacola’s High Growth Business Club.

Handley, the entrepreneur who established Advantage Credit, now Adaugeo’s flagship 20-million dollar company and among the top five in its industry, sees opportunity to take area businesses and grow them to be greater than before.

He spoke to over 50 business leaders and entrepreneurs at the High Growth Business Club (HGBC) meeting who want to see local businesses grow and attract more businesses to come to Pensacola.

The mission of the High Growth Business Club is to cultivate a fertile entrepreneurial environment within the Pensacola Area for new and seasoned businesses by fostering volunteered expertise and knowledge from other business owners and community leaders. The HGBC is hosted by the Pensacola Bay Area Chamber of Commerce and meets once a month at the Institute for Human and Machine Cognition’s conference center.

“Tim is a great role model. Not only is he doing great things, but doing them for the right reasons." said Bryan Clark, founder of the High Growth Business Club. "Most small companies are weak in several critical areas. The Adaugeo team has a bold vision to inject their operations, planning and finance expertise into small companies. Given the tremendous need, I am convinced that Adaugeo will be wildly successful.”

Traditionally, business incubators give a young or small business either space or money. Adaugeo, instead, allows the business to grow by providing the resources that most small business owners cannot afford or don’t have the time to look for -- areas such as operations, technology, marketing and financial services support.

“The Adaugeo Group provides a home in which they and their businesses can grow and profit, said Handley. “The Adaugeo Group offers financial reward and stability, superior technology support, marketing services and operations reinforcement that take businesses with potential to the next level.”

For more information, contact Amber Jackson at 850-439-2471.

About The Adaugeo Group
The Adaugeo Group is a holding company and business incubator of six technology-driven companies providing a variety of business services: Citadel Financial Group, offering proactive debt recovery; ERS Hire, providing background and pre-employment screenings; ECN – Exceptional Closing Network, offering courtesy closings; VerifyX, providing a secure and automated employment and income verification solution; Mortgage Fraud Awareness, LLC, educating mortgage industry professionals; and Advantage Credit International, a 5-time Inc. 500 “Hall of Fame” winner specializing in mortgage credit reporting.

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