incubating success.

INCUBATING SUCCESS.
INCUBATION BEST PRACTICES THAT
LEAD TO SUCCESSFUL NEW VENTURES
RESEARCH PARTNERS:
THE UNIVERSITY
THE UNIVERSITY OF MICHIGAN
AT ALBANY, STATE UNIVERSITY OF NEW YORK
NATIONAL BUSINESS INCUBATION ASSOCIATION
CYBERGROUP, INC.
INCUBATING SUCCESS.
Authored by David A. Lewis, Elsie Harper-­‐Anderson, and Lawrence A. Molnar
W
ith the help of targeted business assistance, ĞŶƚƌĞƉƌĞŶĞƵƌƐĂƌĞďĞƩĞƌƉƌĞƉĂƌĞĚƚŽƚƵƌŶ
business ideas into successful new ventures that have a greater-­‐than-­‐average chance of success. Since the ĮƌƐƚďƵƐŝŶĞƐƐŝŶĐƵďĂƚŽƌŽƉĞŶĞĚŝŶĂƚĂǀŝĂ͕E͘z͕͘ŝŶ
ϭϵϱϵ͕ďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐŚĂǀĞŚĞůƉĞĚŶĞǁ
business owners access the resources and assistance ƚŚĞLJŶĞĞĚƚŽŐƌŽǁƐƵĐĐĞƐƐĨƵůĮƌŵƐ͘&ŽƌŵŽƌĞƚŚĂŶϱϬ
LJĞĂƌƐ͕ƚŚĞƐĞƉƌŽŐƌĂŵƐŚĂǀĞƉůĂLJĞĚĂŶŝŵƉŽƌƚĂŶƚƌŽůĞ
ŝŶƚƵƌŶŝŶŐĂƌŽƵŶĚƐƚƌƵŐŐůŝŶŐĞĐŽŶŽŵŝĞƐ͕ĐƌĞĂƟŶŐũŽďƐ
ĂŶĚĞŶĐŽƵƌĂŐŝŶŐŝŶŶŽǀĂƟŽŶ͘
ƵƚŚŽǁĐĂŶďƵƐŝŶĞƐƐŝŶĐƵďĂƚŽƌƐďĞƐƚŚĞůƉƐƚĂƌƚͲƵƉ
ĐŽŵƉĂŶŝĞƐƐƵĐĐĞĞĚ͍dŚĂƚ͛ƐǁŚĂƚƚŚŝƐƐƚƵĚLJƐĞƚŽƵƚ
ƚŽĞdžĂŵŝŶĞ͘&ƵŶĚĞĚďLJƚŚĞh͘^͘ĞƉĂƌƚŵĞŶƚŽĨŽŵ-­‐
ŵĞƌĐĞĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚĚŵŝŶŝƐƚƌĂƟŽŶ;Ϳ͕
/ŶĐƵďĂƟŶŐ^ƵĐĐĞƐƐŝƐŽŶĞŽĨƚŚĞĮƌƐƚƐƚƵĚŝĞƐƚŽƵƐĞĂ
ƌŝŐŽƌŽƵƐŵĞƚŚŽĚŽůŽŐLJƚŽĞŶƐƵƌĞƚŚĂƚƚŚĞƉƌŽŐƌĂŵƐ
ƐƵƌǀĞLJĞĚŵĞĞƚĂŵŝŶŝŵƵŵƚŚƌĞƐŚŽůĚŽĨǁŚĂƚĂŶŝŶĐƵ-­‐
ďĂƚŽƌŝƐ;ĂŶĚŝƐŶŽƚͿ͘
›¥®Ä›͘
ƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵ͗A program designed to accelerate the development of entrepreneurial ĮƌŵƐƚŚƌŽƵŐŚĂŶĂƌƌĂLJŽĨďƵƐŝŶĞƐƐƐƵƉƉŽƌƚƌĞƐŽƵƌĐ-­‐
ĞƐĂŶĚƐĞƌǀŝĐĞƐ͕ĚĞǀĞůŽƉĞĚĂŶĚͬŽƌŽƌĐŚĞƐƚƌĂƚĞĚďLJ
ŝŶĐƵďĂƚŽƌŵĂŶĂŐĞŵĞŶƚ͕ĚĞůŝǀĞƌĞĚďŽƚŚďLJŝŶĐƵďĂ-­‐
ƚŽƌƐƚĂīĂŶĚƚŚƌŽƵŐŚŝƚƐŶĞƚǁŽƌŬƐŽĨŽƵƚƐŝĚĞƐĞƌǀŝĐĞ
ƉƌŽǀŝĚĞƌƐ͘ƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐƵƐƵĂůůLJ
ƉƌŽǀŝĚĞĐůŝĞŶƚĮƌŵƐĂĐĐĞƐƐƚŽƐŚĂƌĞĚďĂƐŝĐƐĞƌǀŝĐĞƐ
and equipment, improved access to capital and ďƵƐŝŶĞƐƐŵĂŶĂŐĞŵĞŶƚƚƌĂŝŶŝŶŐ͘
ƵƐŝŶĞƐƐŝŶĐƵďĂƚŽƌ͗ŵƵůƟƚĞŶĂŶƚĨĂĐŝůŝƚLJǁŝƚŚŽŶͲ
ƐŝƚĞŵĂŶĂŐĞŵĞŶƚƚŚĂƚĚŝƌĞĐƚƐƚŚĞďƵƐŝŶĞƐƐŝŶĐƵďĂ-­‐
ƟŽŶƉƌŽŐƌĂŵ͘ŶŝŶĐƵďĂƚŽƌĨĂĐŝůŝƚLJƉƌŽǀŝĚĞƐĐůŝĞŶƚ
ĮƌŵƐĂƉƉƌŽƉƌŝĂƚĞƌĞŶƚĂůƐƉĂĐĞĂŶĚŇĞdžŝďůĞůĞĂƐĞƐ͘
ŽůůŽĐĂƟŶŐĞŶƚƌĞƉƌĞŶĞƵƌŝĂůĮƌŵƐŝŶĂďƵƐŝŶĞƐƐŝŶĐƵ-­‐
ďĂƚŽƌĨĂĐŝůŝƚLJĐƌĞĂƚĞƐŵŽƌĞŽƉƉŽƌƚƵŶŝƟĞƐĨŽƌĐůŝĞŶƚƐ
ƚŽŶĞƚǁŽƌŬ͕ƐŚĂƌĞĞdžƉĞƌŝĞŶĐĞƐĂŶĚŽƉĞƌĂƚĞŝŶĂƐƵƉ-­‐
dŚŝƐƐƚƵĚLJůŽŽŬƐĂƚŚŽǁŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐŽƉĞƌĂƚĞ ƉŽƌƟǀĞĂƚŵŽƐƉŚĞƌĞĐŽŶĚƵĐŝǀĞƚŽĐƌĞĂƟŶŐƐƵĐĐĞƐƐĨƵů
ĂŶĚŚŽǁƚŚĞŝƌĐůŝĞŶƚĐŽŵƉĂŶŝĞƐƉĞƌĨŽƌŵ͕ĂƐŵĞĂƐƵƌĞĚ ĮƌŵŽƵƚĐŽŵĞƐ͘
ďLJĂŶƵŵďĞƌŽĨŽƵƚĐŽŵĞƐ͘^ƉĞĐŝĮĐĂůůLJ͕/ŶĐƵďĂƟŶŐ
'ŽĂůŽĨŝŶĐƵďĂƟŽŶ͗dŚĞƉƌŝŵĂƌLJŐŽĂůŽĨĂďƵƐŝŶĞƐƐ
^ƵĐĐĞƐƐĞdžĂŵŝŶĞƐƚŚĞƌĞůĂƟŽŶƐŚŝƉďĞƚǁĞĞŶŝŶĐƵďĂ-­‐
ƚŽƌďĞƐƚƉƌĂĐƟĐĞƐĂŶĚƚŚĞƐƚĂďŝůŝƚLJĂŶĚƐƵĐĐĞƐƐŽĨƚŚĞ ŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵŝƐƚŽƐƵƉƉŽƌƚƚŚĞĚĞǀĞůŽƉŵĞŶƚ
ŽĨƐƚĂƌƚͲƵƉĮƌŵƐƚŚĂƚ͞ŐƌĂĚƵĂƚĞ͟ĂƐĮŶĂŶĐŝĂůůLJǀŝĂďůĞ
ĮƌŵƐƚŚĂƚŚĂǀĞŵŽǀĞĚŽƵƚŽĨʹŽƌŐƌĂĚƵĂƚĞĚĨƌŽŵʹ ƚŚĞŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵ͘dŚĞƐƚƵĚLJĂůƐŽƚĞƐƚƐƚŚĞůĞǀĞů ĐŽŵƉĂŶŝĞƐ͘/ŶĐƵďĂƚŽƌŐƌĂĚƵĂƚĞƐŚĂǀĞƚŚĞƉŽƚĞŶƟĂů
ƚŽĐƌĞĂƚĞũŽďƐ͕ƌĞǀŝƚĂůŝnjĞŶĞŝŐŚďŽƌŚŽŽĚƐ͕ĐŽŵŵĞƌ-­‐
ŽĨŝŵƉĂĐƚĞĂĐŚďĞƐƚƉƌĂĐƟĐĞŚĂƐŽŶƚŚĞƐƵĐĐĞƐƐŽĨ
ĐŝĂůŝnjĞŶĞǁƚĞĐŚŶŽůŽŐŝĞƐ͕ĂŶĚƐƚƌĞŶŐƚŚĞŶůŽĐĂůĂŶĚ
ŐƌĂĚƵĂƚĞĚĮƌŵƐ;ǁŚŝůĞĐŽŶƚƌŽůůŝŶŐĨŽƌƌĞŐŝŽŶĂů ŶĂƟŽŶĂůĞĐŽŶŽŵŝĞƐ͘
ĞĐŽŶŽŵŝĐĐŽŶĚŝƟŽŶƐͿ͘
hƐŝŶŐƚŚĞƌĞƐƵůƚƐŽĨƚŚŝƐƐƚƵĚLJ͕ƚŚĞƌĞƐĞĂƌĐŚƚĞĂŵ
ĂůƐŽĐƌĞĂƚĞĚĂtĞďͲďĂƐĞĚƚŽŽůĨŽƌŝŶĐƵďĂƟŽŶƉƌĂĐƟ-­‐
ƟŽŶĞƌƐƚŚĂƚŵĞĂƐƵƌĞƐƚŚĞŝƌƉƌŽŐƌĂŵ͛ƐƉĞƌĨŽƌŵĂŶĐĞ
ĐŽŵƉĂƌĞĚǁŝƚŚŝŶĚƵƐƚƌLJďĞƐƚƉƌĂĐƟĐĞƐĂŶĚƉƌŽǀŝĚĞƐ
ĨĞĞĚďĂĐŬĂďŽƵƚŚŽǁƚŚĞLJĐĂŶŝŵƉƌŽǀĞƚŚĞŝƌŽƉĞƌĂ-­‐
ƟŽŶƐĂŶĚƉĞƌĨŽƌŵĂŶĐĞ͘dŚŝƐĨƌĞĞƚŽŽůŝƐĂǀĂŝůĂďůĞĂƚ
www.edaincubatortool.org.
ƌŝƟĐĂůŝŶĐƵďĂƚŽƌĐŽŵƉŽŶĞŶƚƐ͗ƌŝƟĐĂůƚŽƚŚĞĚĞĮŶŝ-­‐
ƟŽŶŽĨĂďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵŝƐƚŚĞƉƌŽǀŝ-­‐
sion of management guidance, technical assistance, ĂŶĚĐŽŶƐƵůƟŶŐƚĂŝůŽƌĞĚƚŽLJŽƵŶŐ͕ŐƌŽǁŝŶŐĐŽŵƉĂ-­‐
ŶŝĞƐ͘ůƚŚŽƵŐŚŵŽƐƚďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐ
ĂůƐŽƉƌŽǀŝĚĞĐůŝĞŶƚƐĂĐĐĞƐƐƚŽĂŵƵůƟƚĞŶĂŶƚĨĂĐŝůŝƚLJ͕
ĂŶŝŶĐƵďĂƚŽƌǁŝƚŚŽƵƚƚĂƌŐĞƚĞĚďƵƐŝŶĞƐƐĂƐƐŝƐƚĂŶĐĞ
ĨŽƌĞĂƌůLJͲƐƚĂŐĞĐŽŵƉĂŶŝĞƐŝƐƉƵƌĞůLJĂƌĞĂůĞƐƚĂƚĞ
ŽƉĞƌĂƟŽŶ͘
DÊٛ/Ä¥ÊÙÃã®ÊÄ͘͘͘
Visit www.edaincubatortool.org to download a PDF of the full report, view statistical spreadsheets and access an online tool for incubation practitioners.
THE UNIVERSITY OF MICHIGAN. THE UNIVERSITY AT ALBANY, SUNY.
NATIONAL BUSINESS INCUBATION ASSOCIATION. CYBERGROUP, INC.
/Äò›Ý㮦ƒã›͘
Business Incubator Respondents
Canada
^Seattle
WA
MT
ME
ND
MN
OR
VT
ID
WI
SD
MA
WY
CT
^
IA
OH
NV
Denver
^
UT
^
Legend
DE
Washington DC
^ Major Cities
WV
St. Louis
KS
MO
^
VA
Respondents
Lakes
States
KY
NC
Los Angeles
Hawaii
NJ
MD
IN
IL
CO
CA
^
TN
AZ
OK
Phoenix
AR
NM
^
^
TX
SC
MS
Dallas
AL
GA
FL
Mexico250
Atlantic
Ocean
LA
Pacific
Ocean
0
Atlantic Ocean
Boston
RI
^ New York
PA
Chicago
NE
^ San Francisco
NH
^
NY
MI
500
1,000 Miles
Gulf of Mexico
As part of the /ŶĐƵďĂƟŶŐ^ƵĐĐĞƐƐ study, the research ƚĞĂŵŝŶǀŝƚĞĚŵĂŶĂŐĞƌƐŽĨϯϳϲh͘^͘ŝŶĐƵďĂƟŽŶƉƌŽ-­‐
ŐƌĂŵƐƚŚĂƚŚĂĚďĞĞŶŝŶŽƉĞƌĂƟŽŶĂƚůĞĂƐƚĮǀĞLJĞĂƌƐ
ƚŽĐŽŵƉůĞƚĞĂŶŽŶůŝŶĞƐƵƌǀĞLJ͘ůůƐƚĂƚĞƐĞdžĐĞƉƚůĂƐŬĂ
ĂŶĚEĞǀĂĚĂĂƌĞŚŽŵĞƚŽďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽ-­‐
ŐƌĂŵƐƚŚĂƚŵĞƚƚŚĞƐƚƵĚLJ͛ƐĐƌŝƚĞƌŝĂ͘dŽďĞŝŶĐůƵĚĞĚ͕
ĂŶŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵŵƵƐƚŚĂǀĞŽŶͲƐŝƚĞŵĂŶĂŐĞ-­‐
ŵĞŶƚƚŚĂƚŽīĞƌƐĂƚůĞĂƐƚĮǀĞŽĨƚŚĞĨŽůůŽǁŝŶŐĐŽŵ-­‐
ŵŽŶůLJŽīĞƌĞĚŝŶĐƵďĂƚŽƌƐĞƌǀŝĐĞƐ͗ŚĞůƉǁŝƚŚďƵƐŝŶĞƐƐ
ďĂƐŝĐƐ͕ŶĞƚǁŽƌŬŝŶŐĂĐƟǀŝƟĞƐĂŵŽŶŐŝŶĐƵďĂƚŽƌĐůŝĞŶƚƐ͕
ŵĂƌŬĞƟŶŐĂƐƐŝƐƚĂŶĐĞ͕ŚĞůƉǁŝƚŚĂĐĐŽƵŶƟŶŐͬĮŶĂŶĐŝĂů
ŵĂŶĂŐĞŵĞŶƚ͕ĂĐĐĞƐƐƚŽĐĂƉŝƚĂůĂŶĚůŝŶŬĂŐĞƐƚŽŚŝŐŚĞƌ
ĞĚƵĐĂƟŽŶĂŶĚͬŽƌƐƚƌĂƚĞŐŝĐƉĂƌƚŶĞƌƐ͘
dŚĞƌĞƐĞĂƌĐŚƚĞĂŵƌĞĐĞŝǀĞĚϭϭϭƵƐĂďůĞƌĞƐƉŽŶƐĞƐ͕
ƌĞƉƌĞƐĞŶƟŶŐĂϮϵ͘ϱйƌĞƐƉŽŶƐĞƌĂƚĞ͘dŚĞƌĞƐƉŽŶĚĞŶƚƐ
ǁĞƌĞƌĞƉƌĞƐĞŶƚĂƟǀĞŽĨƚŚĞŐĞŽŐƌĂƉŚŝĐĚŝƐƚƌŝďƵƟŽŶŽĨ
ďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐƚŚƌŽƵŐŚŽƵƚƚŚĞhŶŝƚĞĚ
States and across incubator industry sectors. tŚŝůĞƚŚĞƌĞŝƐŶŽƐŝůǀĞƌďƵůůĞƚĨŽƌŽǀĞƌĂůůĞĐŽŶŽŵŝĐ
ĚĞǀĞůŽƉŵĞŶƚ͕ƚŚĞĮŶĚŝŶŐƐĨƌŽŵƚŚŝƐƐƚƵĚLJƐƵŐŐĞƐƚ
ƚŚĂƚďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉŽƐŝƟǀĞůLJŝŶŇƵĞŶĐĞƐĞŶ-­‐
ƚƌĞƉƌĞŶĞƵƌŝĂůƐƵĐĐĞƐƐ͘dŚĞƐƵƌǀĞLJƌĞƐƵůƚƐĂůƐŽƌĞǀĞĂů
ƚŚĂƚĐĞƌƚĂŝŶďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌĂĐƟĐĞƐĐŽŶƚƌŝďƵƚĞ
ŵŽƌĞƚŽĐůŝĞŶƚƐƵĐĐĞƐƐƚŚĂŶƉƌŽŐƌĂŵĂŐĞ͕ĨĂĐŝůŝƚLJƐŝnjĞ
ŽƌƌĞŐŝŽŶĂůĞĐŽŶŽŵŝĐĐŽŶĚŝƟŽŶƐ͘dŚƵƐ͕ƚŚŝƐƐƚƵĚLJĐĂŶ
ƐĞƌǀĞĂƐĂŐƵŝĚĞƚŽŝŶĚƵƐƚƌLJůĞĂĚĞƌƐĂŶĚƉŽůŝĐLJŵĂŬĞƌƐ
ŝŶƚĞƌĞƐƚĞĚŝŶŵĂdžŝŵŝnjŝŶŐƌĞƚƵƌŶƐŽŶƚŚĞŝƌŝŶǀĞƐƚŵĞŶƚ͘
Puerto Rico
The research team received 111 usable survey responses from across the United States. This map high-­‐
ůŝŐŚƚƐƚŚĞůŽĐĂƟŽŶƐŽĨƌĞƐƉŽŶĚĞŶƚƐ͘
KŶůŝŶĞƚŽŽůĨŽƌŝŶĐƵďĂƟŽŶƉƌĂĐƟƟŽŶĞƌƐ
ĞĚŝĐĂƚĞĚŝŶĐƵďĂƟŽŶƉƌŽĨĞƐƐŝŽŶĂůƐĂƌĞĂůǁĂLJƐ
ůŽŽŬŝŶŐĨŽƌǁĂLJƐƚŽĞŶŚĂŶĐĞƚŚĞŝƌƉƌŽŐƌĂŵ͛ƐĞĨ-­‐
ĨĞĐƟǀĞŶĞƐƐĂŶĚĞĸĐŝĞŶĐLJ͘ŶŽŶůŝŶĞƚŽŽů͕ďĂƐĞĚ
ŽŶƚŚĞ/ŶĐƵďĂƟŶŐ^ƵĐĐĞƐƐƌĞƐĞĂƌĐŚƉƌŽũĞĐƚĨƵŶĚĞĚ
ďLJƚŚĞh͘^͘ĞƉĂƌƚŵĞŶƚŽĨŽŵŵĞƌĐĞĐŽŶŽŵŝĐ
ĞǀĞůŽƉŵĞŶƚĚŵŝŶŝƐƚƌĂƟŽŶ͕ƉƌŽǀŝĚĞƐŝŶĐƵďĂƚŽƌ
ŵĂŶĂŐĞƌƐǁŝƚŚƚŚĞŝŶƉƵƚƚŚĞLJŶĞĞĚƚŽĚŽũƵƐƚƚŚĂƚ͘
hƐŝŶŐƚŚŝƐƚŽŽů͕ŝŶĐƵďĂƟŽŶƉƌĂĐƟƟŽŶĞƌƐĐĂŶ
ŵĞĂƐƵƌĞƚŚĞŝƌƉƌŽŐƌĂŵ͛ƐƉĞƌĨŽƌŵĂŶĐĞĐŽŵƉĂƌĞĚ
ǁŝƚŚƚŚĞďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌĂĐƟĐĞƐĚĞĞŵĞĚ
ŵŽƐƚŝŵƉŽƌƚĂŶƚƚŽĐůŝĞŶƚƐƵĐĐĞƐƐ͕ĂƐǁĞůůĂƐƌĞ-­‐
ĐĞŝǀĞĨĞĞĚďĂĐŬŽŶŚŽǁƚŽŝŵƉƌŽǀĞƚŚĞŝƌƉƌŽŐƌĂŵ͛Ɛ
ŽƉĞƌĂƟŽŶƐ͘
hƐĞƚŚŝƐƚŽŽůƚŽ͗
ͻǀĂůƵĂƚĞLJŽƵƌŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵ͛Ɛ ƉĞƌĨŽƌŵĂŶĐĞŝŶĐŽƌƌĞůĂƚĞĚďĞƐƚƉƌĂĐƟĐĞĂƌĞĂƐ
ͻŝƐĐŽǀĞƌLJŽƵƌŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵΖƐĂƌĞĂƐŽĨ
ĞdžĐĞůůĞŶĐĞ
ͻ^ĞĞǁŚĞƌĞLJŽƵƌƉƌŽŐƌĂŵĐĂŶŝŵƉƌŽǀĞ
ͻ>ĞĂƌŶŵŽƌĞĂďŽƵƚŝŶĐƵďĂƟŽŶďĞƐƚƉƌĂĐƟĐĞƐ
ĂŶĚŚŽǁƚŽĂĐŚŝĞǀĞƚŚĞŵ
sŝƐŝƚǁǁǁ͘ĞĚĂŝŶĐƵďĂƚŽƌƚŽŽů͘ŽƌŐĨŽƌŵŽƌĞĚĞƚĂŝůƐ͘
INCUBATING SUCCESS.
®Ý‘Êò›Ù͘
ͻ^ŚŽǁĐĂƐĞĐůŝĞŶƚƐƚŽƚŚĞĐŽŵŵƵŶŝƚLJĂŶĚ
ƉŽƚĞŶƟĂůĨƵŶĚĞƌƐ
ͻWƌŽǀŝĚĞƉƌĞͲĂŶĚƉŽƐƚͲŝŶĐƵďĂƟŽŶƐĞƌǀŝĐĞƐ
hƐŝŶŐƐƚĂƟƐƟĐĂůĂŶĂůLJƐŝƐŽĨĚĂƚĂĂďŽƵƚĞƐƚĂďůŝƐŚĞĚh͘^͘ ͻŽůůĞĐƚŽƵƚĐŽŵĞĚĂƚĂĨŽƌĂŶĞdžƚĞŶĚĞĚƉĞƌŝŽĚŽĨ
ƟŵĞ
ŝŶĐƵďĂƚŽƌƐ͕ĂƐǁĞůůĂƐĂĐůŽƐĞƌĞdžĂŵŝŶĂƟŽŶŽĨƚŚĞϰϵ
ͻŽŶĚƵĐƚƉĞƌŝŽĚŝĐƌĞǀŝĞǁƐŽĨƚŚĞďƵĚŐĞƚ͕
ƚŽƉͲƉĞƌĨŽƌŵŝŶŐƉƌŽŐƌĂŵƐ͕/ŶĐƵďĂƟŶŐ^ƵĐĐĞƐƐŝĚĞŶƟ-­‐
ƐĞƌǀŝĐĞƉƌŽǀŝĚĞƌƐĂŶĚŽƚŚĞƌƉƌŽŐƌĂŵĂĐƟǀŝƟĞƐ
ĮĞĚǁŚŝĐŚƉƌŽŐƌĂŵŐŽĂůƐ͕ŵĂŶĂŐĞŵĞŶƚƉƌĂĐƟĐĞƐ͕ƐĞƌ-­‐
ǀŝĐĞƐ͕ŽƉĞƌĂƟŽŶĂůƐƚƌƵĐƚƵƌĞ͕ĂĚǀŝƐŽƌLJďŽĂƌĚĐŽŵƉŽƐŝ-­‐
Services
ƟŽŶĂŶĚŽƚŚĞƌŝŶĐƵďĂƟŽŶĂĐƟǀŝƟĞƐĐŽŶƚƌŝďƵƚĞŵŽƐƚƚŽ
ͻƵƐŝŶĞƐƐďĂƐŝĐƐ
ŝŶĐƵďĂƚŽƌĐůŝĞŶƚƐƵĐĐĞƐƐ͘
ͻWƌĞƐĞŶƚĂƟŽŶĂŶĚďƵƐŝŶĞƐƐĞƟƋƵĞƩĞ
ͻDĂŶĂŐŝŶŐĂŶĞǁĞŶƚĞƌƉƌŝƐĞ
Important program goals ͻ/ŶǀĞƐƚŵĞŶƚĐĂƉŝƚĂů
ͻ:ŽďĐƌĞĂƟŽŶ
ͻĐĐŽƵŶƟŶŐƐĞƌǀŝĐĞƐ
ͻ&ŽƐƚĞƌŝŶŐĞŶƚƌĞƉƌĞŶĞƵƌŝĂůĐůŝŵĂƚĞŝŶƚŚĞ ͻͲĐŽŵŵĞƌĐĞĂƐƐŝƐƚĂŶĐĞ
ĐŽŵŵƵŶŝƚLJ
ͻEĞƚǁŽƌŬŝŶŐĂŶĚŵĂƌŬĞƟŶŐĂƐƐŝƐƚĂŶĐĞ
ͻZĞŐƵůĂƌĞŶŐĂŐĞŵĞŶƚǁŝƚŚŝŶĐƵďĂƚŽƌŵĂŶĂŐĞƌ;ƐͿ
Other key goals
ͻ^ƚƌŽŶŐŵĞŶƚŽƌƉƌŽŐƌĂŵƐ͕ƐƵĐŚĂƐƐŚĂĚŽǁďŽĂƌĚƐ͕
ͻŝǀĞƌƐŝĨLJŝŶŐƚŚĞůŽĐĂůĞĐŽŶŽŵLJ
ůŽĂŶĞĚĞdžĞĐƵƟǀĞƐ͕ĞƚĐ͘
ͻƵŝůĚŝŶŐŽƌĂĐĐĞůĞƌĂƟŶŐŶĞǁŝŶĚƵƐƚƌŝĞƐͬ ͻ^ƚƌŽŶŐƐƵƉƉŽƌƟǀĞƌĞůĂƟŽŶƐŚŝƉƐǁŝƚŚůŽĐĂůĂƌĞĂ
ďƵƐŝŶĞƐƐĞƐ
ŚŝŐŚĞƌĞĚƵĐĂƟŽŶŝŶƐƟƚƵƟŽŶ;ƐͿ
ͻƩƌĂĐƟŶŐŽƌƌĞƚĂŝŶŝŶŐďƵƐŝŶĞƐƐŝŶƚŚĞŚŽƐƚƌĞŐŝŽŶ
ͻWƌŽĚƵĐƟŽŶĂƐƐŝƐƚĂŶĐĞĂŶĚƉƌŽĚƵĐƚĚĞǀĞůŽƉŵĞŶƚ͕
ĨƌŽŵZΘĂŶĚƉƌŽƚŽƚLJƉŝŶŐƚŚƌŽƵŐŚƚŽĞŶŐŝŶĞĞƌŝŶŐ
ƉƌŽĚƵĐƟŽŶƐLJƐƚĞŵƐ
DĂŶĂŐĞŵĞŶƚƉƌĂĐƟĐĞƐ
ͻĚŵŝŶŝƐƚƌĂƟǀĞƐĞƌǀŝĐĞƐĂŶĚŽĸĐĞĞƋƵŝƉŵĞŶƚ
ͻtƌŝƩĞŶŵŝƐƐŝŽŶƐƚĂƚĞŵĞŶƚ
ͻ,ŝŐŚͲƐƉĞĞĚďƌŽĂĚďĂŶĚ/ŶƚĞƌŶĞƚ
ͻtƌŝƩĞŶŵĂƌŬĞƟŶŐƉůĂŶ
ͻ&ŝŶĂŶĐŝĂůƐƵƐƚĂŝŶĂďŝůŝƚLJŽƌŚĂǀĞĂƉůĂŶĨŽƌĂĐŚŝĞǀŝŶŐ
ĮŶĂŶĐŝĂůƐƵƐƚĂŝŶĂďŝůŝƚLJ
ͻZĞǀŝĞǁĐůŝĞŶƚƐ͛ŶĞĞĚƐĂƚĞŶƚƌLJ
ͻĞǀĞůŽƉĞīĞĐƟǀĞĞŶƚƌLJĂŶĚĞdžŝƚĐƌŝƚĞƌŝĂ
ͻ^ĞůĞĐƚĐůŝĞŶƚƐďĂƐĞĚŽŶĐƵůƚƵƌĂůĮƚĂŶĚ ƉŽƚĞŶƟĂůĨŽƌƐƵĐĐĞƐƐ
More than 80% of the survey respondents were from mixed-­‐use incubators (41.7%) or technology incubators (39.1%). Other groups represented were manufacturing incubators, service incubators, and others.
/ŶĐƵďĂƚŽƌŵĂŶĂŐĞŵĞŶƚĂŶĚƐƚĂŬĞŚŽůĚĞƌƐƐŚŽƵůĚƉĞƌŝͲ
ŽĚŝĐĂůůLJƌĞǀŝĞǁƚŚĞĂƌƌĂLJŽĨƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚƚŚƌŽƵŐŚ
ƚŚĞŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵĂŶĚĂƐƐĞƐƐƚŚĞĞīĞĐƟǀĞŶĞƐƐ
ŽĨƚŚŽƐĞƐĞƌǀŝĐĞƐ͘
THE UNIVERSITY OF MICHIGAN. THE UNIVERSITY AT ALBANY, SUNY.
NATIONAL BUSINESS INCUBATION ASSOCIATION. CYBERGROUP, INC.
KƉĞƌĂƟŽŶĂůƐƚƌƵĐƚƵƌĞ
Overall
ͻEŽŶƉƌŽĮƚŵŽĚĞů
ƵĚŐĞƚƐĂŶĚĮŶĂŶĐĞƐ
ͻZŽďƵƐƚƉĂLJŵĞŶƚƉůĂŶĨŽƌƌĞŶƚĂŶĚƐĞƌǀŝĐĞĨĞĞƐ
ͻdŚĞŵĂũŽƌŝƚLJŽĨƌĞǀĞŶƵĞʹĂůƚŚŽƵŐŚŶŽƚĂůůʹĐŽŵĞƐ
ĨƌŽŵĐůŝĞŶƚƌĞŶƚƐĂŶĚƐĞƌǀŝĐĞĨĞĞƐ
ͻ>ĂƌŐĞƌďƵĚŐĞƚƐƚŚĂƚĂůůŽǁƚŚĞƉƌŽŐƌĂŵƐƚŽĚĞůŝǀĞƌ
ĐƌŝƟĐĂůƐĞƌǀŝĐĞƐ
ͻ^ŽŵĞůĞǀĞůŽĨŝŶĐƵďĂƚŽƌƐƵďƐŝĚŝĞƐ
^ƚĂĸŶŐ
ͻ^ŵĂůůĞƌƐƚĂīͲƚŽͲĐůŝĞŶƚƌĂƟŽƐ
ͻŽŵƉĞƚĞŶƚƐƚĂīǁŝƚŚƐƵĸĐŝĞŶƚƌĞƐŽƵƌĐĞƐʹŝŶĐůƵĚŝŶŐ
ƟŵĞʹƚŽĚĞůŝǀĞƌŬĞLJƐĞƌǀŝĐĞƐĞīĞĐƟǀĞůLJ
ͻ^ŽůŝĚŝŶǀĞƐƚŵĞŶƚŝŶƐƚĂĸŶŐĂŶĚƉƌŽŐƌĂŵĚĞůŝǀĞƌLJ
ĚǀŝƐŽƌLJďŽĂƌĚĐŽŵƉŽƐŝƟŽŶ
ͻϴƚŽϮϬŝŶĚŝǀŝĚƵĂůƐ
ͻ/ŶĐƵďĂƚŽƌŐƌĂĚƵĂƚĞĮƌŵ
ͻdĞĐŚŶŽůŽŐLJƚƌĂŶƐĨĞƌƐƉĞĐŝĂůŝƐƚ
ͻdžƉĞƌŝĞŶĐĞĚĞŶƚƌĞƉƌĞŶĞƵƌ
ͻWƌŽĨĞƐƐŝŽŶĂůĂĐĐŽƵŶƚĂŶƚ
ͻ/ŶƚĞůůĞĐƚƵĂůƉƌŽƉĞƌƚLJ;ƉĂƚĞŶƚĂƐƐŝƐƚĂŶĐĞͿĂŶĚŐĞŶĞƌĂů
ůĞŐĂůĞdžƉĞƌƚƐ
ͻ'ŽǀĞƌŶŵĞŶƚͬƉŽůŝƟĐĂůŽĸĐŝĂů
ͻĐŽŶŽŵŝĐĚĞǀĞůŽƉŵĞŶƚĂŐĞŶĐLJƌĞƉƌĞƐĞŶƚĂƟǀĞ
ͻŽƌƉŽƌĂƚĞĞdžĞĐƵƟǀĞ
ͻZĞƉƌĞƐĞŶƚĂƟǀĞŽĨƚŚĞĮŶĂŶĐĞĐŽŵŵƵŶŝƚLJ
ͻhŶŝǀĞƌƐŝƚLJŽĸĐŝĂů
ͻŚĂŵďĞƌŽĨĐŽŵŵĞƌĐĞƌĞƉƌĞƐĞŶƚĂƟǀĞ
KƚŚĞƌĞdžƉĞƌƟƐĞƚŚĂƚĐĂŶƉůĂLJĂŶŝŵƉŽƌƚĂŶƚƌŽůĞ͗
ͻDĂƌŬĞƟŶŐƉƌŽĨĞƐƐŝŽŶĂů
ͻWƌŽĚƵĐƟŽŶĞŶŐŝŶĞĞƌŝŶŐƐƉĞĐŝĂůŝƐƚ
ͻ^ƚĂƚĞĞĐŽŶŽŵŝĐĚĞǀĞůŽƉŵĞŶƚŽĸĐŝĂů
ͻ/ŶĐƵďĂƚŽƌŵĂŶĂŐĞƌ
ͻZĞĂůĞƐƚĂƚĞŵĂŶĂŐĞƌͬĚĞǀĞůŽƉĞƌ
/ŶĐƵďĂƟŽŶ&ĂƐƚ&ĂĐƚƐ
KŶĂǀĞƌĂŐĞŝŶϮϬϬϴ͕ďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶ ƉƌŽŐƌĂŵƐƚŚĂƚŚĂĚďĞĞŶŽƉĞƌĂƟŶŐĮǀĞLJĞĂƌƐŽƌ
ŵŽƌĞŚĂĚ͗
ͻ ϭϳƌĞƐŝĚĞŶƚĐůŝĞŶƚƐ
ͻ ϯϮĂĸůŝĂƚĞĐůŝĞŶƚƐ
ͻ ϱϱŐƌĂĚƵĂƚĞƐ
ͻ &ŽƌϮϬϬϴ͕ĞƐƟŵĂƚĞĚƚŽƚĂůĨƵůůͲƟŵĞĞŵƉůŽLJ-­‐
ŵĞŶƚĨŽƌŝŶĐƵďĂƚŽƌĮƌŵƐ;ƌĞƐŝĚĞŶƚĐůŝĞŶƚƐ͕
ĂĸůŝĂƚĞĐůŝĞŶƚƐ͕ĂŶĚŐƌĂĚƵĂƚĞƐͿŝƐĂƉƉƌŽdžŝ-­‐
ŵĂƚĞůLJϯϭϱ͕ϬϬϬ͖ƉĂƌƚͲƟŵĞĞŵƉůŽLJŵĞŶƚŝƐ
ĞƐƟŵĂƚĞĚƚŽďĞĂďŽƵƚϰϭ͕ϬϬϬ͘
ͻ /ŶĐƵďĂƚŽƌĮƌŵƐŐĞŶĞƌĂƚĞĚĂƉƉƌŽdžŝŵĂƚĞůLJ
Ψϭϴ͘ϳďŝůůŝŽŶŝŶƚŽƚĂůƌĞǀĞŶƵĞƐŝŶϮϬϬϴ͘
ͻ /ŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐƉƌŽĚƵĐĞĂƉƉƌŽdžŝŵĂƚĞůLJ
ĨŽƵƌŐƌĂĚƵĂƚĞƐƉĞƌLJĞĂƌ͕ƚƌĂŶƐůĂƟŶŐŝŶƚŽ ĂƉƉƌŽdžŝŵĂƚĞůLJϮϭͲϮϮŶĞǁŐƌĂĚƵĂƚĞĮƌŵƐ
ŽǀĞƌĂĮǀĞͲLJĞĂƌƉĞƌŝŽĚ͘
ͻ dŚĞĂǀĞƌĂŐĞĮǀĞͲLJĞĂƌƐƵƌǀŝǀĂůƌĂƚĞĨŽƌ ŝŶĐƵďĂƚŽƌŐƌĂĚƵĂƚĞƐŝƐϳϱй͘
>ŝŵŝƚĞĚĞīĞĐƚŽŶƐƵĐĐĞƐƐ
ŽŶƚƌĂƌLJƚŽƉŽƉƵůĂƌďĞůŝĞĨ͕ƚŚĞĨŽůůŽǁŝŶŐĐŚĂƌĂĐƚĞƌ-­‐
ŝƐƟĐƐĂŶĚƉƌĂĐƟĐĞƐŚĂĚŶŽĞīĞĐƚŽŶŝŶĐƵďĂƟŽŶƉƌŽ-­‐
ŐƌĂŵĂŶĚĐůŝĞŶƚƐƵĐĐĞƐƐ͗
ͻ^ŝnjĞŽĨĂŶŝŶĐƵďĂƚŽƌĨĂĐŝůŝƚLJ
ͻŐĞŽĨŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵ
ͻZĞŐŝŽŶĂůĞĐŽŶŽŵŝĐĐŽŶĚŝƟŽŶƐ
ͻ>ĞĂĚŽƌŐĂŶŝnjĂƟŽŶ
dŚŝƐƐƚƵĚLJĨŽƵŶĚƚŚĂƚƚŚĞĞdžƚĞŶƚƚŽǁŚŝĐŚĂďƵƐŝŶĞƐƐ
ŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵĨŽůůŽǁƐƚŚĞŝĚĞŶƟĮĞĚďĞƐƚƉƌĂĐ-­‐
ƟĐĞƐŝƐĂŵƵĐŚƐƚƌŽŶŐĞƌƉƌĞĚŝĐƚŽƌŽĨƚŚĞƉƌŽŐƌĂŵ͛Ɛ
ƐƵĐĐĞƐƐƚŚĂŶƌĞŐŝŽŶĂůĞĐŽŶŽŵŝĐĐŽŶĚŝƟŽŶƐ͘ZĞŐĂƌĚ-­‐
ůĞƐƐŽĨƚŚĞƌĞŐŝŽŶ͛ƐĐĂƉĂĐŝƚLJƚŽƐƵƉƉŽƌƚĞŶƚƌĞƉƌĞŶĞƵƌ-­‐
ƐŚŝƉĂŶĚĞĐŽŶŽŵŝĐŐƌŽǁƚŚ͕ŝĨŝŶĐƵďĂƟŽŶďĞƐƚƉƌĂĐ-­‐
ƟĐĞƐĂƌĞĨŽůůŽǁĞĚ͕ƚŚĞƉƌŽŐƌĂŵŚĂƐĂŚŝŐŚƉƌŽďĂďŝůŝƚLJ
ŽĨŐƌĂĚƵĂƟŶŐƐƵĐĐĞƐƐĨƵůĐŽŵƉĂŶŝĞƐ͘
INCUBATING SUCCESS.
ƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌĂĐƟĐĞƐ ŵĂƩĞƌŵŽƌĞƚŚĂŶƉƌŽŐƌĂŵĂŐĞŽƌ
size or the host region’s capacity ĨŽƌŝŶŶŽǀĂƟŽŶĂŶĚĞŶƚƌĞƉƌĞŶĞƵƌ-­‐
ship when it comes to incubator success.
EĞŐĂƟǀĞĞīĞĐƚŽŶƐƵĐĐĞƐƐ
dŚĞŽŶůLJŝŶĐƵďĂƟŽŶƉƌĂĐƟĐĞŝĚĞŶƟĮĞĚŝŶƚŚŝƐƐƚƵĚLJ
ƚŽŚĂǀĞĂŶŝŶǀĞƌƐĞƌĞůĂƟŽŶƐŚŝƉƚŽƉƌŽŐƌĂŵĂŶĚĐůŝĞŶƚ
ƐƵĐĐĞƐƐǁĂƐŶŽƚŚĂǀŝŶŐĂĨŽƌŵĂůĞdžŝƚƉŽůŝĐLJĨŽƌŝŶĐƵ-­‐
ďĂƚŽƌĐůŝĞŶƚƐ͘dŚŝƐĮŶĚŝŶŐƐƵƉƉŽƌƚƐŝŶĚƵƐƚƌLJƚŚĞŽƌLJ
ĂŶĚƉƌŝŽƌƌĞƐĞĂƌĐŚƚŚĂƚŚĂƐƐŚŽǁŶƚŚĂƚŚĂǀŝŶŐĨŽƌŵĂů
ŐƌĂĚƵĂƟŽŶƉŽůŝĐŝĞƐĐŽŶƚƌŝďƵƚĞƐƚŽŝŶĐƵďĂƚŽƌƐƵĐĐĞƐƐ͘
It’s about synergy
EŽƐŝŶŐůĞŝŶĐƵďĂƚŽƌƉƌĂĐƟĐĞ͕ƉŽůŝĐLJŽƌƐĞƌǀŝĐĞŝƐ
ŐƵĂƌĂŶƚĞĞĚƚŽƉƌŽĚƵĐĞŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐƵĐĐĞƐƐ͘
/ŶƐƚĞĂĚ͕ŝƚ͛ƐƚŚĞƐLJŶĞƌŐLJĂŵŽŶŐŵƵůƟƉůĞƉƌĂĐƟĐĞƐ͕
ƉŽůŝĐŝĞƐĂŶĚƐĞƌǀŝĐĞƐƚŚĂƚƉƌŽĚƵĐĞŽƉƟŵĂůŽƵƚĐŽŵĞƐ͘
/ŶŽƚŚĞƌǁŽƌĚƐ͕ƚŚĞƌĞŝƐŶŽ͞ŵĂŐŝĐďƵůůĞƚ͘͟ƐƉƌĞǀŝŽƵƐ
ƌĞƐĞĂƌĐŚŚĂƐĚĞŵŽŶƐƚƌĂƚĞĚ͕ƚŚĞŶĞĞĚƐŽĨŝŶĐƵďĂƚŽƌ
ĐůŝĞŶƚƐǀĂƌLJĚĞƉĞŶĚŝŶŐŽŶƚŚĞŝƌŵĂƚƵƌŝƚLJ͕ŝŶĚƵƐƚƌLJƐĞĐ-­‐
ƚŽƌĂŶĚŵĂŶĂŐĞŵĞŶƚƐŬŝůůƐ͘dŚĞĐŽŵŵƵŶŝƟĞƐƐĞƌǀĞĚ
ďLJŝŶĐƵďĂƚŽƌƐĚŝīĞƌŝŶƚĞƌŵƐŽĨĐĂƉĂĐŝƚLJ͕ĂŶĚƐƉŽŶƐŽƌƐ
ǀĂƌLJŝŶƌĞƐŽƵƌĐĞƐ͕ŵŝƐƐŝŽŶĂŶĚƌĞƋƵŝƌĞŵĞŶƚƐ͘dŚƵƐ͕ŝƚ͛Ɛ
ƚŚĞĂŐŐƌĞŐĂƟŽŶĂŶĚŝŶƚĞƌƉůĂLJďĞƚǁĞĞŶŚĞůƉĨƵůƉŽůŝ-­‐
ĐŝĞƐĂŶĚƐĞƌǀŝĐĞƐƚŚĂƚĂƌĞŽĨŐƌĞĂƚĞƐƚŝŵƉŽƌƚĂŶĐĞ͘
Wʽ®‘ù/ÃÖ½®‘ƒã®ÊÄÝ͘
WƵďůŝĐĂŐĞŶĐŝĞƐŽŌĞŶŝŶǀĞƐƚĨƵŶĚƐŝŶŝŶĐƵďĂƟŽŶ
ƉƌŽŐƌĂŵƐ͕ĞŝƚŚĞƌĚƵƌŝŶŐƚŚĞŝŶŝƟĂůŵĂƌŬĞƚŽƌĨĞĂƐŝ-­‐
ďŝůŝƚLJƐƚƵĚLJŽƌĨŽƌƚŚĞĐŽŶƐƚƌƵĐƟŽŶŽƌƌĞŶŽǀĂƟŽŶŽĨ
ĂďƵƐŝŶĞƐƐŝŶĐƵďĂƚŽƌĨĂĐŝůŝƚLJ͘KǀĞƌƟŵĞ͕ŝŶĐƵďĂƟŽŶ
ƉƌŽŐƌĂŵƐŚĂǀĞƉƌŽǀĞŶƚŚĞŵƐĞůǀĞƐĂƐŝŵƉŽƌƚĂŶƚũŽď
ĐƌĞĂƟŽŶƚŽŽůƐ͕ďƵƚƚŚĞLJŽŌĞŶŶĞĞĚƉƵďůŝĐĨƵŶĚŝŶŐ ĂƐƐŝƐƚĂŶĐĞƚŽďĞĨƵůůLJƐƵƐƚĂŝŶĂďůĞ͘WŽůŝĐLJŵĂŬĞƌƐ ŝŶƚĞƌĞƐƚĞĚŝŶŽƉƟŵŝnjŝŶŐƉƵďůŝĐŝŶǀĞƐƚŵĞŶƚƐƐŚŽƵůĚ
ĐŽŶƐŝĚĞƌƚŚĞĨŽůůŽǁŝŶŐƌĞĐŽŵŵĞŶĚĂƟŽŶƐ͘
ŽŶĨŽƌŵƚŽďĞƐƚƉƌĂĐƟĐĞƐ͘ƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽ-­‐
ŐƌĂŵƐƌĞĐĞŝǀŝŶŐŽƌĂƉƉůLJŝŶŐƚŽƌĞĐĞŝǀĞƉƵďůŝĐĨƵŶĚƐ
ƐŚŽƵůĚďĞƌĞƋƵŝƌĞĚƚŽĐŽŶĨŽƌŵƚŽďĞƐƚƉƌĂĐƟĐĞƐ͘Ě-­‐
ŚĞƌŝŶŐƚŽďĞƐƚƉƌĂĐƟĐĞƐǁŝůůĞŶŚĂŶĐĞƚŚĞƉƌŽŐƌĂŵƐ͛
ĐĂƉĂĐŝƟĞƐƚŽĐƌĞĂƚĞũŽďƐƚŚƌŽƵŐŚŝŶĐƵďĂƟŽŶ͘
Collect data. WƵďůŝĐĨƵŶĚŝŶŐĂŐĞŶĐŝĞƐƐŚŽƵůĚĚĞǀĞůŽƉ
ƐƚĂŶĚĂƌĚŝnjĞĚŽƵƚĐŽŵĞŵĞĂƐƵƌĞƐƚŽŵŽŶŝƚŽƌƚŚĞ
ŝŵƉĂĐƚŽĨƉƵďůŝĐŝŶǀĞƐƚŵĞŶƚƐĂŶĚƌĞƋƵŝƌĞƉƌŽŐƌĂŵƐ
ƌĞĐĞŝǀŝŶŐƉƵďůŝĐƐƵƉƉŽƌƚƚŽĐŽůůĞĐƚƚŚĞĚĂƚĂ͘
THE UNIVERSITY OF MICHIGAN. THE UNIVERSITY AT ALBANY, SUNY.
NATIONAL BUSINESS INCUBATION ASSOCIATION. CYBERGROUP, INC.
dŚĞƚLJƉĞƐŽĨŝŶƐƟƚƵƟŽŶƐƚŚĂƚƐƉŽŶ-­‐
ƐŽƌďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐ
vary widely. Nearly 21% are hosted ďLJƵŶŝǀĞƌƐŝƟĞƐŽƌĨŽƵƌͲLJĞĂƌĐŽů-­‐
leges, while 19% are sponsored by a local economic development ŽƌŐĂŶŝnjĂƟŽŶ͘
Report on progress. WƌŽŐƌĂŵƐƌĞĐĞŝǀŝŶŐƉƵďůŝĐƐƵƉ-­‐
ƉŽƌƚƐŚŽƵůĚďĞƌĞƋƵŝƌĞĚƚŽƐƵďŵŝƚĂŶŶƵĂůƌĞƉŽƌƚƐƚŽĂ
ĐĞŶƚƌĂůŽƌŐĂŶŝnjĂƟŽŶƚŽŵŽŶŝƚŽƌƉƌŽŐƌĞƐƐƚŽǁĂƌĚƚŚĞ
ĨƵŶĚŝŶŐŐŽĂůƐ͘dŚĞƐĞƌĞƉŽƌƚƐƐŚŽƵůĚŝŶĐůƵĚĞƉĞƌŝŽĚŝĐ
ŝŶĚĞƉĞŶĚĞŶƚĂƵĚŝƚƐŽĨƉƌŽŐƌĂŵďƵĚŐĞƚƐ͘
Evaluate. džƚĞƌŶĂů͕ŝŶĚĞƉĞŶĚĞŶƚĞǀĂůƵĂƚŽƌƐƐŚŽƵůĚ
ĐŽŶĚƵĐƚƉĞƌŝŽĚŝĐĂƐƐĞƐƐŵĞŶƚƐŽĨďƵƐŝŶĞƐƐŝŶĐƵďĂ-­‐
ƟŽŶƐLJƐƚĞŵƐĂŶĚŝŶĚŝǀŝĚƵĂůƉƌŽŐƌĂŵƐƌĞĐĞŝǀŝŶŐƉƵďůŝĐ
ƐƵƉƉŽƌƚ͘KƵƚĐŽŵĞĞǀĂůƵĂƟŽŶƐŶĞĞĚƚŽĐŽŶƚƌŽůĨŽƌƚŚĞ
ĂŐĞŽĨƚŚĞƉƌŽŐƌĂŵĂŶĚƚŚĞĐůŝĞŶƚďĂƐĞƚŚĂƚŝƐƐĞƌǀĞĚ͘
/ŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐŶĞĞĚƚŽďĞĞǀĂůƵĂƚĞĚƉĞƌŝŽĚŝ-­‐
ĐĂůůLJƚŚƌŽƵŐŚƚǁŽĚŝīĞƌĞŶƚʹƚŚŽƵŐŚŝŶƚĞƌĚĞƉĞŶĚĞŶƚ
ʹƵŶŝƚƐŽĨĂŶĂůLJƐŝƐ͗
ͻůŝĞŶƚĮƌŵƉĞƌĨŽƌŵĂŶĐĞ;ŽƵƚĐŽŵĞĂŶĂůLJƐŝƐͿ͕ĂƐ
ŵĞĂƐƵƌĞĚďLJƐƵƌǀŝǀĂůƌĂƚĞƐ͕ũŽďƐĐƌĞĂƚĞĚ͕ƌĞǀĞŶƵĞƐ͕
ƚĂdžĞƐƉĂŝĚ͕ŝŶƚĞůůĞĐƚƵĂůƉƌŽƉĞƌƚLJĐƌĞĂƚĞĚ͕ĞƚĐ͘tŚŝůĞ
ĚĂƚĂĐŽůůĞĐƟŽŶƐŚŽƵůĚŽĐĐƵƌĂƚůĞĂƐƚĂŶŶƵĂůůLJ͕ƚŚĞ
ĂŶĂůLJƐŝƐĐĂŶďĞĐŽŶĚƵĐƚĞĚĞǀĞƌLJƚŚƌĞĞƚŽĮǀĞLJĞĂƌƐ͘
ͻŶĂůLJƐŝƐŽĨŝŶĐƵďĂƚŽƌƉƌŽĐĞƐƐĞƐƐŚŽƵůĚďĞĐŽŶ-­‐
ĚƵĐƚĞĚŵŽƌĞĨƌĞƋƵĞŶƚůLJĂŶĚĐŽǀĞƌĂǁŝĚĞǀĂƌŝĞƚLJŽĨ
ƐLJƐƚĞŵƐ͘^ĞƌǀŝĐĞƐŽīĞƌĞĚ͕ĂĚǀŝƐŽƌLJďŽĂƌĚĐŽŵƉŽƐŝ-­‐
ƟŽŶ͕ƐĞƌǀŝĐĞƉƌŽǀŝĚĞƌƐ͕ďƵĚŐĞƚƐ͕ĞŶƚƌLJͬĞdžŝƚĐƌŝƚĞƌŝĂ
ĂŶĚƉƌŽŐƌĂŵĞīĞĐƟǀĞŶĞƐƐĂůůƐŚŽƵůĚďĞƌĞǀŝĞǁĞĚ
ƉĞƌŝŽĚŝĐĂůůLJ͕ĂůƚŚŽƵŐŚƐŽŵĞŵŽƌĞŽŌĞŶƚŚĂŶŽƚŚĞƌƐ͘
dŚŝƐĞǀĂůƵĂƟŽŶƐŚŽƵůĚďĞůŝŶŬĞĚƚŽĂŶLJƉƵďůŝĐ ĨƵŶĚŝŶŐ͘
Track programs. ŶĂƟŽŶǁŝĚĞĚĂƚĂďĂƐĞŽĨŝŶĐƵďĂƟŽŶ
ƉƌŽŐƌĂŵƐ͕ƚŚĞŝƌĐŚĂƌĂĐƚĞƌŝƐƟĐƐĂŶĚƚŚĞŝƌĂƌĞĂ;ƐͿŽĨ
ĞdžƉĞƌƟƐĞƐŚŽƵůĚďĞĚĞǀĞůŽƉĞĚĂŶĚŵĂĚĞĂǀĂŝůĂďůĞĨŽƌ
ƉƵďůŝĐƵƐĞ͘
ŽŶƟŶƵĞƚŽĞŶŚĂŶĐĞ͘KŶĐĞŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐ
ƚŚĂƚƌĞĐĞŝǀĞƉƵďůŝĐƐƵƉƉŽƌƚĂƌĞĐŽůůĞĐƟŶŐĂĚĞƋƵĂƚĞ
ĚĂƚĂĂŶĚŝŵƉůĞŵĞŶƟŶŐŝŶĚƵƐƚƌLJďĞƐƚƉƌĂĐƟĐĞƐ͕ŽƚŚĞƌ
ĐŽŵƉůĞŵĞŶƚĂƌLJƉŽůŝĐŝĞƐƐŚŽƵůĚďĞĐŽŶƐŝĚĞƌĞĚ͘dŚĞƐĞ
ŝŶĐůƵĚĞ͗
ͻWƌŽǀŝĚĞƐĞĞĚĨƵŶĚŝŶŐĨŽƌŝŶĐƵďĂƚŽƌĐůŝĞŶƚƐ
ͻ^ƵƉƉŽƌƚƚŚĞĐƌĞĂƟŽŶŽĨĂƉƉƌŽƉƌŝĂƚĞŐƌĂĚƵĂƚĞƐƉĂĐĞ
ͻKīĞƌƚĂdžĐƌĞĚŝƚƐĨŽƌĐůŝĞŶƚĮƌŵƐ
ͻŽŶĚƵĐƚĐŽŵƉĞƟƟŽŶƐĨŽƌƚŽƉŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐ
;ďLJƚLJƉĞͿĂŶĚŝŶĐƵďĂƚŽƌĐůŝĞŶƚƐ
ͻ^ƵƉƉŽƌƚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨĂďƵƐŝŶĞƐƐƐĞƌǀŝĐĞ ƉƌŽǀŝĚĞƌŶĞƚǁŽƌŬ
ͻŶĐŽƵƌĂŐĞŚŝŐŚĞƌĞĚƵĐĂƟŽŶŝŶƐƟƚƵƟŽŶƐƚŽƐƵƉƉŽƌƚ
ďƵƐŝŶĞƐƐŝŶĐƵďĂƟŽŶƉƌŽŐƌĂŵƐ
THE UNIVERSITY OF MICHIGAN
THE UNIVERSITY AT ALBANY, STATE UNIVERSITY
NATIONAL BUSINESS INCUBATION ASSOCIATION
CYBERGROUP, INC.
OF
NEW YORK
Please visit:
www.edaincubatortool.org
Contact for further information:
National Business Incubation Association
(740) 593-­4331
[email protected]
www.nbia.org