Basic Principles of Technology Business Incubators

Fundamental assumptions of successful incubators

•  Focus on Wealth Creation

  • Return-On-Investment, not Economic Development

• Encourage Entrepreneurship

  • Building a Business, not the Technology

• Provide Value to Tenants and Stakeholders

  • Value Comes in Many Forms

• Manage the Incubator More Like a Business Rather than a Nonprofit

  • Results versus Activities

Best Practices of Successful Technology Business Incubators

• Subscribe to the Fundamental Principles

• Structure the Incubator to Provide Value to Tenants and Stakeholders

• Recruit Tenant Firms With the Highest Growth Potential

• Recruit Top Private Sector Leadership to the Board

• Facilitate Access to Capital

• Become the Focal Point for Technology in the Region

• Be “Customer Service Focused” With Both Tenants and Stakeholders

• Provide for Adequate Operating Funds

• Every Tenant Must Be Held Accountable to Progress Against a Pre-Agreed Upon Business Plan

 Discover much more!

Business Incubators

Four Types of Business Incubators: Comparison Table

Effectiveness Evaluation Check-lists for Business Incubators

Indiaco's Milestone Program

Company Assessment Worksheet

Business Plan Evaluation

Investor Report Worksheet: Helping Tenants Raise VC

Executive Summary Sample: Strategic Incubator Int'l

Business E-ncubator: New Concept for the New Economy

Case Studies

Indiaco

Innovatel

Venturepreneur

Ventureprener's 8x8 Winning Habits

10 Commandments of Innovation

Venture Management

Venture Financing

Creative Marketing

Would-Be Entrepreneur

Reality Check

Be a Negative Optimist

Venture Planning

11 Keys To a Good First Venture

SWOT Analysis for a Start-Up Venture

Customer Assessment

Venture Map To Financing

Entrepreneur

Entrepreneurial Success

Entrepreneurial Creativity

Startup Firm

Growth Categories of Small Firms

12 Reasons Why Companies Fail

4 Entrepreneurial Strategies

Milestone Chart

Start-up Capital Formation Process

5 Tips for Internet Startups

What Changes as Company Grows

Venture Management

Venture Management vs. Corporate Management

5 Key Risks Critical to the Survival of New Companies

Venture Management Laws

5 Critical Success Factors for New Ventures

Business Plan

Business Plan Basics

Startup Business Plan

Business Model

New Business Models

Selecting the Right Business Model for Your Startup Venture

New Product / Service Development

10 Steps to Turning Your Ideas / Inventions into Big Cash Wealth

Test Marketing Your New Product or Service