Subscribe Ask the Editors Search Entire site Smallbiz Bookstore Msg. Place Tech incubators nurture women-owned firms. For years, incubators have been acknowledged as an important part of the formula for growing businesses. Offerings include access to mentors and experts, seminars and opportunities to present to venture capitalists and angel backers as well as other capital sources.
Participants provide equity in the company as partial payment.
Women in Technology International launched the first in a series of centers last October at Smith College in Northampton, Massachusetts. Services include help developing a business plan and finding funding sources and below-market rental rates. A percentage of equity is required as partial payment, and you must mentor future incubatees. Inc. All rights reserved.