By YourValley
Surprise is adding a big “spark” to new business development in the city.
The city council on Tuesday voted to approve the move of the AZ Techcelerator business incubator to a new location on the burgeoning Elm Street in City Center and rebrand the program as Spark Surprise Business Development Hub.
“We believe that this program is going to have even more of an impact than the first version, especially being in the heart of the city,” said Brian Sandusky, the city’s project manager for the program.
The council agreed on a 10-year lease agreement with the property’s developer for $174,000 a year with an annual 3% escalator.