The Oberoi Business Hub, which is due to open next month, will provide space for entrepreneurs who want to start their own business or expand an existing venture.
When complete, the Pride Park hub will offer flexible letting arrangements on serviced offices, meeting rooms and conference facilities.
Tenants will also benefit from administration support, IT help desks, business mentoring and networking events.
The idea for the hub came from Kavita Oberoi, the boss of IT and business healthcare consultancy Oberoi Consulting, which is also based in Pride Park.
She said: "It's long been my ambition to provide a suitable environment where fellow entrepreneurs can really prosper and succeed.
"From experience, I know that trying to get a business off the ground and make it financially viable can be extremely difficult without the right kind of support being accessible.
"Running your own business can also be a lonely place to be. So, by creating this new business hub, we aim to provide the facilities, support and, most importantly, the right environment for businesses to mix, learn from each other and, very quickly, start to see significant rewards and business growth."
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