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Business Incubation is a business support process that accelerates the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services.
Incubator graduates create jobs, revitalize neighborhoods and commercialize
new technologies, thus strengthening local, regional and even
national economies.
Business incubators reduce the risk of small business failures.
Historically, NBIA member incubators have reported that 87 percent
of all firms that have graduated from their incubators are still in
business.
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
revenues of more than $17 billion.
Source: Business Incubation Works
The Tri-Lakes Region is home to over 485 home based businesses. If you are the owner of a small business in the Tri-Lakes are or are thinking of starting one, you have come to the right place!
