Tenants must take a minimum of 50,000 square feet, but incubator space for start-up companies is also planned.
Two of the building's floors have been designated as incubator space.
The farm is currently being used as an incubator space for the next generation of Canadian land stewards.
It currently has about 24,000 square feet of "incubator" space for start-up companies.
And soon it will provide incubator space for young entrepreneurs trying to set up new businesses.
The Foundation also operates an "incubator space" for new artists, to assist them in setting up their practice, and grant-aid.
Types of services include management consulting advice, business plan development, access to a regional service provider network, and physical incubator space.
Today most of the mill buildings are no longer used to full capacity, however, they do offer valuable incubator space to small businesses.
The college is refurbishing 22,000 square feet on its second floor as incubator space for developing high-tech companies.
The new building is designed to provide a feel that is different from the traditional cramped cube serving as incubator space.