A successful university business incubator has lots of engaged mentors, is run like a startup and generates buzz and benefits for its local business community.
Those are some of the high-level findings of a new venture out of Sweden that’s trying to create an objective way to evaluate business incubators across the world.
The team behind the University Business Incubator Index set out to find the top university incubators in the world, discover what makes them successful, and learn where others are falling short. Over the past year, they collected data on 150 university incubators in the U.S., Europe, Asia and Australia. They interviewed incubator managers, entrepreneurs and investors, and came up with about 60 independent indicators of success. Then they scored each incubator, adjusting scores for those in the most favorable and unfavorable locations.
To read the original article: What makes a great startup incubator? Job and revenue creation? Smart mentors? Exits? | MedCity News
