Information for Entrepreneurs
If you want to start your own business, NBIA hopes you will consider joining a business incubation program. Historically, NBIA members report that 87 percent of their graduates remain in business at least three years after completing the program.
Why should you enter an incubation program?
- The cream of the crop — Incubation programs accept only the best and most viable companies, so joining an incubator shows potential investors that your company has potential.
- Targeted services — Incubation programs specialize in start-up and emerging companies, with services designed especially for young companies' particular needs.
- Intensive, ongoing assistance — Whether your company resides in an incubation facility or takes advantage of an outreach program, you will receive one-on-one attention from business experts, day in and day out.
- Links to capital and service providers — Most incubation programs help their clients access debt and equity funding, as well as link them with service providers like lawyers and accountants who specialize in small business needs.
- Specialized facilities — Many incubators focus on particular types of companies, such as life science, technology, food or creative industries. These incubators have the facilities and equipment — and expertise — your company needs.