Business incubators are essential for business growth. The United States has the best business incubators that will speed up your business growth. Business incubators provide business resources like office space, research materials, experience and business support. They also provide networking opportunities where you can get mentors, investors to exchange business ideas. Incubators are of different business categories and therefore, it is important to join one in your category.
Top Business Incubators to Boost Your Startup Growth
The following are the best business incubators for your business growth in the United States.
One Million By One Million
One Million By One Million is a business incubator located in California. It is a digital and worldwide incubator helping one million entrepreneurs raise annual revenue, amounting to one million dollars. They provide coaching and business mentorship through video conferencing. Mentors can interact online with entrepreneurs. Most of the resources of this incubator are free. However, to access the full package, you must be an approved member.
StartX is located in Stanford, California and it is a non-profit accelerator for businesses. It provides experiential education and knowledge. You can check their programs online.
You do not need to pay fees for the incubation. If you have connections with someone in the undergraduate and graduate program at Stanford University, you can benefit from the accelerator program.
CSI Kickstart is an incubator located in Bonita Springs, Florida. They provide startup funding and other resources like mentorship and training that a business needs to grow. The incubator partners with companies to ensure their sustainable growth.
eFactory is a business incubator based at Missouri State University. You do not need to be there physically to partner with them. You can access their resources virtually. If your company has a good match with their services, you can get in touch with them through virtual conferencing.
Y Combinator is based in Mountain View, California. It provides seed funding to startups. If you qualify for the program, startup founders must participate in group office hours for 14 days. You will meet partners, experts and venture capitalists from successful startups.
Read also: How to register a business in the US.
Technology Innovation Center
Technology Innovation Center is based in Wauwatosa, WI and has been in operation since 1993. It provides entrepreneurs with business resources, the environment, and support they need to grow their businesses. They have laboratories and state of the art research resources with board rooms, conference rooms and training rooms. It is an excellent incubator for entrepreneurs in the IT field.
Austin Technology Incubator
Austin Technology Incubator is based in Austin, Texas. The University of Texas founded it with the primary goal of helping startups to compete in capital markets. They do not provide funding to startups, but they have a broad network of investors. You get an opportunity to interact with investors and you can get venture capitalists and other sources of funding for your startup.
Amplify LA is a business incubator found in Venice, California. It provides funding to startups and also offer mentorship and training through the incubator. They invest in startups by providing them with capital. They have a wide network of investors, thereby giving you a chance to interact with them. This way, you get extra capital for your business. They offer free business services like banking, hosting and legal services.
Dreamit Ventures is based in New York and was founded in 2008. It has helped startups to grow. Their main objective is to help startups get read products and customers. Members go through a 14-week incubation program where they get training, coaching, and pitching. They have a robust network of alumni startups that you interact with their founders.
Before deciding the business incubator, you want to use for your business growth, make sure to first shop around. Look for one with services that can support your business. Also, consider the resources they are offering and how they can be useful to your business. Look at their networking strategies and find out if it is beneficial to your organization.