Are you exploring business incubation or actively developing a business incubation program? You came to the right place. NBIA has many resources that will help you determine if an incubation program is feasible in your community, what type of programs to consider and best practices of operation to help you build a solid foundation. Business incubation has been around since the late 1950s, and NBIA has researched what makes a program successful – there’s no point in reinventing the wheel.
This page features a list of links and resources to arm yourself with the best information available on business incubation.
In addition, consider joining NBIA. When you join in the Developer category, you’ll receive the NBIA Developer’s Toolkit (valued at more than $250). One of the most valuable NBIA benefits is the listserv, where members can contact other members for advice and networking. NBIA also offers publications, an incubator management certificate program, Webinars, training workshops and conferences, all with discounts for members. In addition, members receive the NBIA Review (print) and Memberabilia (e-mail) newsletters and have access to full articles on a variety of incubation-specific topics in the NBIA Review archive.
NBIA’s 28th International Conference on Business Incubation, May 18-21, 2014, in New Orleans, is offering the workshops Entrepreneurship and The Fundamentals of Incubator Management. Entrepreneurship encourages greater understanding of the business creation process by first examining the concept of entrepreneurship and then exploring the start-up company life cycle. Topics include the definition of entrepreneurship, characteristics of successful entrepreneurs, how to encourage local and global entrepreneurial activity, current and alternative start-up models, and more. Fundamentals covers the numerous challenges faced by incubator managers, from defining a mission and governance structure to achieving financial self-sustainability. Topics include establishing policies, recruiting clients, developing graduation criteria, generating revenue, handling leases and other agreements, and more. The conference also has nearly 60 sessions led by some of the most experienced practitioners in our field.
Business incubators have proven to be effective tools for promoting economic growth throughout the world, but not all incubation models are suitable for all communities. NBIA worked with Jim Greenwood, a seasoned incubator consultant and former incubator manager, to develop these tips for communities that would like to develop business incubation programs.
NBIA members now have an unparalleled opportunity to explain the importance of their programs and to gain financial support or maintain existing investments, if those are in danger. This Web page gives you the resources you need to increase awareness of business incubation generally (and of your program specifically), and to highlight the need to leverage investments in the nation’s entrepreneur support systems.
NBIA offers a directory of NBIA members whose organizations provide goods and/or services they believe offer value to the business incubation industry. If you’re looking for a consultant, search here first.
NBIA wishes you luck with developing your business incubation program. These resources will get you started with a strong foundation. Again, consider joining NBIA so we can get you connected with industry experts and veterans through the NBIA Member Listserv.
Phone: (740) 593-4331
Fax: (740) 593-1996
340 West State Street, Unit 25
Athens, OH 45701-1565
The most valuable resource for developing programs is NBIA membership, and it's never too early to join. We have a new membership category for developing incubators that gives you an opportunity to try out NBIA membership while you're determining if business incubation is right for you. When you join, you'll receive the NBIA Developer's Toolkit, which includes:
We are your source for knowledge and networks in business incubation. Let us help you succeed.