National Business Incubation Association; Your source for knowledge and networks in business incubation

A portrait of for-profit incubation

April 2001

Last November, NBIA e-mailed a short survey to all of the for-profit incubator programs in our database – both members and nonmembers – to find out how these programs operate and to gain a better understanding of the for-profit sector. We asked about their needs, challenges and goals, and how they feel about their businesses and the state of for-profit incubation.

Many were happy to tell us about themselves. We heard from 67 incubators representing 50 cities and 10 countries – a 24 percent response rate – and they had some interesting things to say. For instance, although 74 percent of respondents said they were either neutral or negative about the health of the business incubation industry, 60 percent said they felt their own incubators were healthy. And nearly a quarter of respondents said their programs have multiple locations.

"The for-profit survey is part of our continuing effort to keep tabs on all segments of the business incubation industry," says JoAnn Rollins, NBIA director of membership. "We're always on the lookout for trends, and surveying individual sectors can elucidate that analysis."

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Keywords: for-profit incubators, research -- incubation

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