Imagine having the skills and the ideas necessary to create a revolutionary new product or service, but not having the resources, equipment and business support needed to execute your vision. Perhaps you already face this situation today. Some of the best products and services will be forever destined to never leave the drawing board unless, that is, their creators find alternative ways to bring them to market. Have you ever considered the business incubator?

What is an Incubator?

Incubators are economic development programs designed to nurture the success and growth of businesses. To accomplish this, various neophyte businesses share in a collective arrangement that provides facilities, resources, equipment, funding, and variety of support services to help them get through the early phases of development. The goal of any incubator program is to produce successful businesses that are viable and financially feasible. After a period of time, those businesses that succeed in the program "graduate" into self-sufficiency. They create jobs, revitalize local economies, and sometimes commercialize critical new technologies.