How do incubators help start-ups get funding?
Incubators help client companies secure capital in a number of ways: • Managing in-house and revolving loan and micro-loan funds • Connecting companies with angel investors (high-net-worth individual investors) • Working with companies to perfect venture capital presentations and connecting them to venture capitalists • Assisting companies in applying for loans
Incubators help client companies secure capital in a number of ways: • Managing in-house and revolving loan and microloan funds • Connecting companies with angel investors (high-net-worth individual investors) • Working with companies to perfect venture capital presentations and connecting them to venture capitalists • Assisting companies in applying for loans How do incubators contribute to local and regional economies? Incubator graduates create jobs, revitalize neighborhoods and commercialize new technologies, thus strengthening local, regional and even national economies. • NBIA estimates that in 2005 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion. Source: 2006 State of the Business Incubation Industry • Business incubators reduce the risk of small business failures. Historically, NBIA member incubators have reported that 87 percent o
