The services that incubators offer also differ. Certain incubators provide access to financing, networking opportunities, seminars on marketing and business aspects commonly required by start-up companies. Others are more specialized in their services providing technical and scientific expertise tailored to the nature of their tenants. However, the common services provided are usually a sharing of facilities, central office staff and equipment and office management assistance. In essence a successful incubator will , with accomplishment, link technology, capital and know-how to leverage talent of the entrepreneur in order to speed the development of new companies and hence accelerate the commercialization of technology.
Different factors have a direct impact on incubators success.
In fact, success is definitely the operative word in the business of an incubator. Montreal International and Technoparc Saint-Laurent participated in a trade mission to Silicon Valley to promote business opportunities between Silicon Valley and Montreal, both being centers of hightech industries. Barbara has participated in the development of six technology incubators in Northern California and has been a founding board member of several incubator associations and working groups, both in the United States and Europe. The IBI was established in 1996 as a pioneering concept to attracts and assists international businesses to quickly enter the US market place. There are more than 30 e-commerce, B2B software, consumer electronics and service businesses resident at the IBI at anyone time, representing numerous different countries.