A business incubator is defined as a catalyst for socio-economic development, providing a process for developing early stage ideas into viable business ventures. The HUB offers formal and informal learning opportunities and connects entrepreneurs to local resources and related support services.
The City of Camdenton and the Camdenton Area Chamber of Commerce has taken the lead in leading the HUB efforts. However, the HUB serves the entire Lake of the Ozarks region. It is governed by a board of directors that represents the entire regional area.