Business incubators

The first business incubator was opened in Batavia, New York in 1959. The concept of providing business assistance services to early-stage companies in shared facilities did not catch on with many communities until the late 1970s. By 1980 there were twelve business incubators operating in the U.S. Incubator development grew from about 20 openings annually in 1984 to more than 70 in 1987.
More Business and Management