What are the different types of incubators?
Answer:
Incubation programs come in many shapes and sizes and serve a variety of communities and markets: Most North American business incubators (about 90 percent) are nonprofit organizations focused on economic development. About 10 percent of North American incubators are for-profit entities, usually set up to obtain returns on shareholders’ investments. 47 percent are “mixed-use,” assisting a range of early-stage companies. 37 percent focus on technology businesses. 7 percent serve manufacturing firms. 6 percent focus on service businesses. 3 percent concentrate on community-revitalization projects or serve niche markets.