Synopsis Business incubation, especially technology-based business incubation, is an effective economic development technique that will increase employment, the commercialization of technology, quality of life, and other benefits to society.
Business incubators help create the demand for venture capital.
Nurturing technology is more an art than a science. Methods that work at a micro level in business incubators may also be applied effectively at a macro level in a larger context. Overview Started in March 1993 and housed in a 138,000-sq. Currently occupied by 36 companies employing about 340 people. Many tenants are doing well.