FOR IMMEDIATE RELEASE

Westminster Chamber of Commerce Partners with Sherman Associates to Launch Downtown Business Incubator and Support the Downtown Westminster Business Association

Westminster, CO – [November 25, 2024] – The Westminster Chamber of Commerce is proud to announce a new partnership with Sherman Associates to launch a Business Incubator in the heart of downtown Westminster. This initiative is designed to foster entrepreneurship, drive economic growth, and support small businesses in the community. Additionally, the partnership will support and strengthen the Chamber Affiliate Downtown Westminster Business Association (DWBA) by providing resources and support for its continued growth and development.

The new Business Incubator will serve as a hub for aspiring entrepreneurs and emerging businesses, offering essential resources, mentorship, and support to help turn innovative ideas into thriving enterprises. Through this partnership, Sherman Associates and the Westminster Chamber are creating a collaborative environment where local businesses can access the tools and guidance they need to succeed.

“The incubator will be more than just a catalyst for economic development in Westminster,” said Jamie Chavez, President/CEO of the Westminster Chamber of Commerce. “It will be a place where entrepreneurs and business leaders can connect, grow, and thrive. Also a place where meaningful community will be created, further making Westminster the best place to live, work, and do business.”

Sherman Associates brings extensive experience in real estate development and community engagement, making the company an ideal partner for this initiative. Sherman’s commitment to supporting local businesses aligns with the Chamber’s mission of promoting economic growth and community development.

“Sherman Associates is committed to the City of Westminster with a special focus on partnering with stakeholders across the city to advance the vision for a thriving downtown," said Dan Collison, Senior Director of Business Development and Public Affairs at Sherman Associates. "Our long-standing partnership with the Westminster Chamber of Commerce has been invaluable and we are thrilled to build on that partnership by hosting and advancing the new small business incubator at Ascent, our mixed-use development, in a prominent location of downtown Westminster where this initiative will support and strengthen the community.”

The Business Incubator will offer a range of services, including mentorship programs, networking events, office space, and workshops on topics such as business planning, marketing, and financial management. The incubator’s support for the DWBA will further its role as a central advocate for businesses in the downtown area, helping to attract new members and resources. Applications for participation in the incubator will open soon, with more details to follow.

For more information about the Westminster Chamber of Commerce, Sherman Associates, and the new Business Incubator, please visit www.westminsterchamber.biz or contact the Chamber at info@westminsterchamber.biz.

About the Westminster Chamber of Commerce:
The Westminster Chamber of Commerce is dedicated to promoting the interests of businesses and the broader community in Westminster, Colorado. The mission is to foster a thriving culture that connects and unifies community partners. 

About Sherman Associates:
Sherman Associates is a growing commercial real estate development and management firm based in Minneapolis with properties throughout the Midwest, Colorado, and Florida. Sherman develops, owns, and operates its assets with a long-term vision to build neighborhoods, enrich communities, and empower people.

 Sherman Associates has developed over 12,000 multifamily units and currently owns and manages over 7,000 multifamily rental units (affordable and market-rate). Sherman also owns and manages over 720,000 square feet of commercial space, five hotels, four Starbucks, three restaurants, and two solar gardens. Stay connected with Sherman on LinkedIn, Instagram, X, and Facebook.