The high-tech incubator, Hotbank Colorado, will be located onthe second floor of 100 Superior Way. Hotbank Colorado offers freeoffice space, some administrative assistance and contract-basisengineering services. Hotbank's staff will consist of a number ofentrepreneurs-in-residence to provide a pool of mentors to guidestartup ventures.

Brad Feld, a principal of Softbank Venture Capital, lives inEldorado Springs, a small community near Superior. "We want tobring the success of Hotbank to the burgeoning technology industryin Colorado," says Feld. "The services, interaction and expertisewe provide give our entrepreneurs an immediate competitive edge --allowing them learn and share with other entrepreneurs, acceleratethe deal-making process, and focus on their core businesses."

Hotbank Colorado will open in October, complementing anotherSoftbank incubator in Mountain View, CA., where Softbank VentureCapital is headquartered. Softbank Venture Capital is the venturecapital arm of Japan-based Softbank Corp., which is the largestshareholder of such companies as Yahoo!, E*Trade and ZDNet.