This is just a preview. Apply online at threescofrederick.com/apply. We recommend preparing your answers and collecting all necessary documents ahead of time, before beginning the online application.
Legal Business Name / DBA (if applicable)
Department ID
Is your business in Good Standing with the State of Maryland?
Owner Name(s)
Is at least one owner of the business 18 years or older?
Phone
Business Website, Instagram and Facebook (as applicable)
Select the category that best describes your business. (multiple choice)
Do you currently own or operate a storefront?
Describe your business and the products you sell.
What makes your products unique within the Downtown Frederick marketplace?
Who is your target customer?
Upload 3 photos of your products on display for sale.
How many hours per week do you work at (or on) your business?
How many hours per week do you work at another job, which is not your business?
What is the typical price range of your products?
Briefly describe the cost structure of your products. How much time and money does it cost to create / acquire them?
How many units of inventory can you consistently produce or maintain on a monthly basis? Please describe.
Where do you currently sell your products?
What year did you start your business?
Describe your retail experience, either through operating your own business or from working elsewhere.
Do you have experience using a retail POS? (such as Square, Shopify, Clover, etc.)
Can you commit to participating in the entire year-long incubator program from September 2026 through August 2027?
Throughout the year-long incubator program, can you commit to working in the store at least 12 hours per week? This will include working shifts during the store’s hours of operation, as well as maintaining the store’s website and social media accounts (a shared responsibility between all participants), attending trainings, meeting with the managing partners, and dedicating time to shopkeeper meetings with other participating businesses.
Incubator participants will be responsible for co-managing the store’s website. Do you have experience managing a website?
Incubator participants will be responsible for co-managing the store’s social media accounts. Select the platform(s) you’re comfortable with.
Which of the following special event days will you be available to work in the store? First Saturdays (monthly), Frederick @ Night (Nov 13), Frosty Friday (Nov 27), December Saturdays (Dec 5, 12 & 19), Love Local Tour (Dec 8)
Will you be able to sustain $300 monthly rent payments for the entire 12-month term of this incubator program, in addition to paying any upfront permitting fees that may be required by the City of Frederick (estimated cost of $100)?
How has your business been financed up until now? (multiple choice)
What is your total startup capital from all sources to participate in this incubator?
What were your approximate gross revenues in the past year? If you don’t have this information, please explain.
How much did you spend on inventory in the past year? If you don’t have this information, please explain.
What were your approximate profits in the past year? If you don’t have this information, please explain.
Upload any of the following documents that you have: Business Plan, Balance Sheet, Income Statement (Profit & Loss Statement), Cash Flow Statement, Sales Reports or Revenue Summaries
Why do you want to participate in this incubator?
What is your vision for how your business will operate 2 years from now? What key changes or milestones will help you get there?
How do you and your business align with the incubator’s mission?
The incubator store will be co-run by three entrepreneurs, which means that flexibility and collaboration are essential. Tell us about your willingness to adapt your business and operate within a shared space. It may require compromise on display methods, sharing management of social media accounts, etc.
How do you see yourself collaborating and working with your fellow incubator participants to make Three’s Co. a unique shopping experience?
How do you see yourself collaborating with and learning from your managing partners at SOUL Street and Downtown Frederick Partnership?
Upload any of the following that you have: Business Logo, Branded Packaging, Social Media Graphics (1-3 examples)
What topics would you like to see address in our business education efforts? (multiple choice)
Describe any other business assistance programs that you have participated in before.
Provide 3 business references: Name, Email & Relationship
How did you hear about this opportunity?
If you are not selected for the first year of the incubator program, would you be interested in participating in the second year from September 2027 through August 2028?