Incubating Success: Incubation Best Practices That Lead to Successful New Ventures

The U.S. Department of Commerce Economic Development Administration (EDA), a longtime financial supporter of business incubators, funded a research study to examine the relationship between incubator best practices and client outcomes. This research – conducted by the University of Michigan’s Institute for Research on Labor, Employment and the Economy; the State University of New York at Albany, the National Business Incubation Association, and Cybergroup Inc. – used a robust methodology to collect and statistically analyze data, and determine specific relationships between how an incubation program operates and how its client companies perform, as measured by a number of outcomes.

Full Story: http://www.innovationamerica.us/index.php/innovation-daily/17180-new-national-business-incubation-study-identifies-best-practices-l-cbs-detroit