The Incubator, a project of the City of Flint, is supported by the Foundation, Genesee County Chamber of Commerce, the business community and local and state governments. The Incubator maximizes opportunities to expand it's resource base by working closely with community partners and other businesses and employment directed organizations.
Our clients enjoy a wide variety of services, including access to office equipment, high speed internet, education in accounting, human resources, marketing and other business practices, as well as expert consulting services.
How do incubators contribute to local and regional economies?
Incubator graduates create jobs, revitalize neighbourhoods and commercialize new technologies, thus strengthening local, regional and even national economies. Incubators are creating the economy of the future. It is estimated that in 2007 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion. (Source: 2006 State of the Business Incubation Industry)
Historically, member incubators have reported that 87 percent of all firms that have graduated from their incubators are still in business. (Source: Business Incubation Works)