What is incubation?

According to the National Business Incubation Association website business incubation is a dynamic process of business enterprise development. An incubator is a business that is set up to help foster business enterprise development. They help young firms get started and help them survive at times when they are most vulnerable.

The primary goal of a business incubator is to produce successful graduates. They offer shared services, access to equipment, flexible leases, and expandable space. Many incubators are located near other services that are valuable to an incubating business. For example, the SIUC Business Incubation Program has the Office of Economic and Regional Development, the Small Business Development Center, SouthernTECH, and the Illinois Manufacturing Extension Center housed in the Dunn-Richmond Economic Development Center.


Why should I join the SIUC Small Business Incubator Program?

The SIUC Small Business Incubator Program is here to provide the guidance and consulting necessary to make sure your startup or expanding business has the right tools necessary to succeed. As a member of the National Business Incubation Association, the SIUC Small Business Incubation Program has the experience necessary to take your business under our wing. With over 50 successful graduates emerging from this program we are one of the most successful business incubation programs in Southern Illinois.