Roughly 40% of incubators that are closely associated with research universities focus on technology start-ups, while the balance of incubators provides 'mixed-use' incubation, meaning they do not necessarily focus on a particular specialty (). All can provide insight into conditions and opportunities within the community. These surveys are subsequently followed by a feasibility study to evaluate the opportunities via interviews with entrepreneurs, economic development leaders, industry representatives, and political leaders. They are often the result of widely distributed surveys to accurately define the market opportunity, the needs of key stakeholders in the community, and then deliver the services (both programs and facilities). Technology commercialization assistanceĪ successful business incubator model reflects the needs of the local entrepreneurial community.Comprehensive business training programs.Access to angel investors or venture capital.Access to bank loans, loan funds, and guarantee programs.Help with accounting/financial management.These incubators may invest in start-ups in exchange for equity or offer funding further along in the program. Venture capital firms: Some venture capital firms establish incubators as an investment opportunity.These programs may be an investment opportunity or a way to fund subsidiaries, develop technology, or find partnerships. For-profit property development ventures: Larger corporations develop many incubators for various purposes. These programs may specifically accept companies geared toward public welfare.
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