FARMINGTON — After years of planning, the city of Aztec will cut the ribbon for its new business incubator, known as the HUB, on Tuesday, according to City Manager Joshua Ray.
Ray said the ribbon-cutting ceremony will take place at 3 p.m. at the HUB. One of the HUB's tenants, 550 Brewing, already has opened its taproom.
In addition to providing a place for start-up businesses to temporarily locate, the HUB will serve as the home of the Aztec Chamber of Commerce and will provide resources for business owners.
Chamber President Theresa Bailey said the HUB will provide a new face for the chamber as it works to gain momentum in Aztec.
"We almost were nonexistent a couple of years ago," she said.
In 2013, the chamber's executive director and board members resigned, leaving the nonprofit organization on the verge of closing its doors.
Bailey said the new location will help the chamber's visibility.
"It will be a great place for new businesses to come and introduce themselves to the chamber," Bailey said.
The idea for a business incubator began gaining steam in 2015. The San Juan College Enterprise Center sent business leaders and aspiring entrepreneurs a survey asking if they thought Aztec needed an incubator program.
The majority of the 39 people who responded indicated that Aztec needed a coworking space that would provide access to the Internet, studio space, and training and educational opportunities, according to The Daily Times archives.
Last year, the city entered a lease-purchase agreement with the Aztec Presbyterian Church for a building located in the downtown district. The two-story building has two addresses, 119 E. Chuska St. and 119 N. Church St.
Hannah Grover covers government for The Daily Times. She can be reached at 505-564-4652.