Business Incubator


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Business Incubator

A program to help a start-up stay in business. A business incubator may offer management consulting or other services to provide a new company with needed resources to overcome common problems. Very commonly, business incubators also offer more concrete aid, such as free or discounted rent on an office for the first six months of operations. Companies that pass through a business incubator stage have a much higher success rate than those that do not.
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The center houses a business incubator program, and provides a range of workshops for participants to hone their business skills.
The purpose of a business incubator is not to simply offer space but to help a small enterprise to grow.
Business Incubator of the Green Bay WI Area Chamber of Commerce.
Whether it is a new or existing business, these clients benefit from a support network of other business owners in the business incubator and essential management support from the business incubator staff.
Pioneer Place @222, a joint initiative of Pioneer Technology Center and the Blackwell Community Foundation, has been certified as a business Incubator through the Oklahoma Department of Commerce (ODCC).
According to the National Business Incubator Association's 1998 State of the Business Incubation Industry shows that since their inception North America's nearly 600 incubators have added some 19,000 companies and more than 245,000 jobs to the economy.
County businesses can now use Naval Air Warfare Center Weapons Division patents, laboratories and other resources through the Ventura County Business Incubator, which began accepting applications for the program this month.
One program that focuses on developing skills of new business owners is the small business incubator (Gaulding and Walter, 1989).
and was named National Business Incubator of the Year by the National Business Incubation Association in 2001.
Developing a business incubator is an enormous process.
One of the new programs that has become increasingly popular for entrepreneurs is the Small Business Incubator Program.

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