Perceiving a demand for business support services among Gen-Y entrepreneurs in the Washington metropolitan area, a club promoter duo have created an open incubator for local start-ups. Dane Matthews and Keith Bentley, Jr. founded Cool Worldwide as a compliment to their promotions business after determining many of their entrepreneurial-minded peers stood to benefit by pooling their individual resources toward various business expenses. By lowering individual costs for certain services, the incubator can improve its member businesses chances for long-term success.
Matthews and Bentley launched Cool Worldwide in December '11, offering a menu of non-industry specific fee-based business services, including strategic planning and financial consulting, to entrepreneurs regardless of their stage of operation. The incubator has partnered with React Radio Network on hosting a series of free monthly business mixers open to the general public beginning 7:30 p.m. Thursday, January 26 at Babe's Sports Bar & Grille in Silver Spring. Cool Worldwide is waiving incubator registration fees for businesses with a 1 hour sponsorship of the AMPLIFY DC! local music project.