What Kinds Of Businesses Are In An Incubator ?

 

Virtually any type of business, in almost every type of industry, has been grown with an incubator development program. However, the investment in an incubator is likely to be more easily justified in commercial terms if it aims to help growth businesses which can create tomorrow's jobs and wealth.

Business incubators are generally operated by universities, colleges and community colleges, for-profit businesses & economic development agencies, local governments, or consortia of all of these organizations. They are often targeted to serve the needs of light manufacturing and service firms and those developing new products or engaged in research and development. Incubator tenants may also include construction-related, sales and marketing, or wholesale and distribution firms.