Venturepreneur: Business Incubators
Business Incubators
Benchmarking the Management of Business Incubators in EU Countries
The importance of business incubators is twofold. Firstly, they favour the setting up of new companies and, secondly, they provide the appropriate business support needed to increase the chances of their survival and growth.
There are more than 800 business incubators in the European Union today. The Enterprise DG launched a benchmarking project in December 2000, focusing on the management and the promotion of incubators. The aim was to identify indicators of their performance, including operational benchmarks. The work involved experts from the Member States, who are all managers of business incubators in their respective country.
The benchmarks include, among others:
Mission and strategic aims
Partnership and legal form
Premises and location
Financing
Management
Business planning
Target market and promotion
Admission and exit rules
Incubator space and services
Quality standards
Start-up and survival rates
Employment effects
Performance of firms
Results of benchmarking exercise
Final report (full version) is available at http://europa.eu.int
Executive Summary
Cover page, Preface, Table of Contents, Executive Summary, Introduction, Background and Policy Context and Benchmarking Framework
Setting up and Operating Business Incubators, Key Business Incubator Functions, Evaluation of Incubator Services and Impacts, Conclusions and Recommendations
Appendices (Incubator Managers Questionnaire, Incubator Questionnaire, Company Questionnaire, Incubator Definitions, Case Study Reports)
Business Incubators Case Studies
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