Betting on Incubators to Create Jobs – The number of programs that nurture startups is at a record level

Business incubators, the bulk of which are independently operated nonprofits that provide startups with cheap office space and professional advice, took off in the 1980s only to stall after the dot-com bubble burst. They’re now back to a record high, according to the National Business Incubation Assn. (NBIA), with some 41,000 startups using 1,200 incubators across the country. Participants’ survival rate after five years is 87 percent, compared with 44 percent for companies that didn’t use incubators, according to the group.

By Lauren Hatch

Full Story: http://www.businessweek.com/magazine/content/10_34/b4192020505301.htm

***

TechRanch: Successful business catalyst running on empty $
http://matr.net/article-40520.html

Missoula Area Economic Development Corp. begins its reinvention http://matr.net/article-40549.html