Models of Business Incubators and Accelerators

Summary

Influenced by start-up culture, institutions launch business incubators and accelerators to support students on a pathway to entrepreneurship. This research brief investigates how administrators structure, implement, and measure the success of these entrepreneurship programs.

Key observations from our research

1. Business incubators and accelerators are one offering of a comprehensive entrepreneurial center.

2. Incubators and accelerators introduce students to a culture of entrepreneurship and a replicable business development process.

3. Students from any department and at any class level participate in the programs, in addition to limited external applicants.

4. Administrators fund centers through donations and offer programs at no cost to students.

5. Administrators assess programs by their ability to connect students to internships and jobs and generate successful start-ups.

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Spurring Innovation: Structuring a University Incubator

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