Fatima Hall_SBE310_Wee4_Incubator Case Study.pptx

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INCUBATOR CASE STUDY Fatima Hall SBE310 Week 4 September 23,2017
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CONTENTS Incubator background Characteristics of Successful Incubator Successful Small Business Existing Incubator: KitchenCru
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INCUBATOR BACKGROUND A business incubator is a company that helps new and startup companies to develop by providing support and services such as: Capital Networking Training Office space The first incubator was created in 1956 by Joseph Mancuso to help companies survive the start-up period and establish and accelerate their growth and success. Business incubators are sponsored by private companies or public institutions such as colleges/universities .
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CHARACTERISTICS OF A SUCCESSFUL INCUBATOR Provides nurturing & supportive environment Resources to help with funding Offers more than outside funding Mentorship Networking Training
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SUCCESSFUL SMALL BUSINESS STARTED IN AN INCUBATOR A woman by the name of Junea Rocha began her food business in an incubator. Her natural food company, Brazi Bites, was started in KitchenCru incubator in Portland, OR in 2011.
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