Entrepreneurial incubators in the Capital region are fueling the economy and creating jobs by enabling business owners to get their ideas off the ground at a lower cost.
According to excerpts from the article.
Incubator is a loose term generally used to describe the capture of new talent, economic programs and business support in a physical structure. The greater Lansing area has four: The
TIC,
the Hatch,
ITEC and the
NEO Center. Between the four, approximately 45-60 jobs have been created.
Of the 20 original TIC companies, 13 remain. Some of them closed and some moved back into home office space but two of them —
Enliven Software and
Gravity Works — outgrew the TIC, moving their businesses to larger spaces within the community.
Read the entire article
here.
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