Thursday, July 02, 2009

Incubator 'buzz' may not save Obama proposal

Following up on my story earlier this week about the Nashville Business Incubation Center (NBIC) and vacancies, therein), I spoke this morning with Tracy Kitts, the Athens, Ohio-based COO of the National Business Incubation Association. Kitts noted that the Obama has, probably for the first time in history, put money in the budget expressly to foster a nationwide network of incubators. NBIA is therefore mobilizing at the grassroots to save that item, now that the still-contested budget is being reconciled. NBIA musters some interesting numbers, purporting to show the greater jobs-generating impact of investment in incubators over other forms of infrastructure. We'll keep an eye on this. Welcome your comments. Kitts said he believes the federal, state and local 'buzz' around entrepreneurship, generally, and incubators, in particular, is unprecedented in American history.

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