Brokers Program

VentureLink’s Broker Partnership Program makes your client relationships easy. Your clients will love working at VentureLink alongside cutting edge technology and dedicated entrepreneurs. Our incubator programs provide a unique opportunity to network and grow. We believe in compensating our broker partners fairly and making every VentureLink member’s experience amazing.

VentureLink reserves the right to not place any particular tenants at will and without explanation. We are unable to sign any exclusivity agreements with brokers.

Requirements
All brokers must supply a copy of their W-9, proof of general liability insurance, and an ACH form. All invoices must be issued monthly.

Wet Lab Space/Private Office Space (12+ Months)


  • Commission: 10% of the net membership fee per month during the first 12 months which decreases to 3% for the subsequent months until contract end date or 24 months, whichever comes sooner.
  • All contracts are a minimum of 12 months.
  • Payable within 60 days of the membership start date




Co-Working Space: Dedicated Desk


  • Commission: 7% of the net membership fee per month for the first six months which decreases to 3% for the subsequent months until contract end date or 12 months, whichever comes sooner.
  • All contracts are month-to-month memberships
  • Payable within 14 days of the membership start date.




Co-Working Space: Flex Desk


  • Commission: 5% of the net membership fee per month for the first six months which decreases to 3% for the subsequent months until contract end date or 12 months, whichever comes sooner.
  • All contracts are month-to-month memberships.
  • Payable within 14 days of the membership start date.




Renewals


  • Commission, 3% of the net membership fee of the renewal term paid monthly. Limited to one renewal term.





CONNECT WITH VENTURELINK

EMAIL

venturelink@njit.edu

PHONE

973-642-7857

ADDRESS

211 Warren St.
Newark. NJ 07103

HOURS

8:30 AM – 4:30 PM