New business incubators are a sure-fire way to nurture great entrepreneurial ventures; the data bears that out.
According to a new study from the U.S. Department of Commerce Economic Development Administration, business incubators are a better source of regional business growth than any type of government-sponsored public works initiative.
The EDA data reveals that incubators generate 20 times more jobs than community infrastructure projects, and at a bargain in the process. The study says that business incubators can produce such jobs at a rate of $144 or $216 per job, compared to $2,920 to $6,872 for public works projects like road and water projects.
To read the full, original article click on this link: Looking for great business incubators? Check out the University of Michigan
