Don't business incubators that receive local funding and/or tax abatements compete unfairly with local landlords? |
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| Answer: |
No. Business incubators graduate strong and self-sustaining companies into their communities, where these companies build, purchase, or rent space. Because incubated companies are more likely to succeed than nonincubated companies, landlords of incubator graduates face far less risk than they otherwise would. Also, while they’re in the start-up phase, incubator client companies can obtain flexible space and leases that are more appropriate to their stage of growth than they could on the commercial market. |
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