Jumpstart Inc.

The Impact of Incubators

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Sinopsis

In 2012, there were nearly 1,300 incubators in the United States. The 2012 State of the Business Incubation Industry report revealed that around 93% of those incubators were nonprofit organizations focused on economic development and about 47% of them operated in urban areas. In Greater Cleveland, there are a number of incubators that, while working in their individual communities, are part of a connected Network of entrepreneurial resources—including seed funds, accelerators and mentors—across the region. JumpStart's Samantha Fryberger sat down with Jim Cossler, Chief Evangelist and Entrepreneurial Expert of the Youngstown Business Incubator, George Buzzy, Executive Director of TECHudson, Bob Cohen, CEO and Director Of Business Assistance of the Braintree Business Development Center, and Dave Crain, Director of Entrepreneurial Services for The Incubator at MAGNET, to learn more about their individual missions, benefits and collective impact when it comes to accelerating high potential companies.