It was in 1996 that serial entrepreneur Bill Gross founded Idealab, an incubator of Internet companies.
In Detroit, Wayne State University's TechTown is a research park as well as an incubator for new companies.
And while Rocket is a pure incubator, creating companies from its own ranks, both Project A and HitFox are hybrids, in some cases investing in existing companies, in others creating their own.
Stepping away from the accelerator model (find existing exciting startups that are doing innovative things, provide them with mentors and a working space in return for equity), Berlin appears to be favoring the incubator (create companies that target specific and identified markets, hire smart people to run with the idea and provide them with the tools to execute).
Lab incubator class of 24 companies includes seven local ventures without any U.Va. ties.
Blueprint Health: A healthcare incubator for early stage companies just getting off the ground that has already fed companies into StartUp Health.
The Toshiba Lab is focussed on long-term research rather than being an incubator for start-up companies.
Like a traditional incubator, Simula Labs provides its portfolio companies with operational, infrastructure and financing support.
The University of Georgia doesn't just let professors run companies, it also gets them state-run incubator space-- allowing it to recruit yet another prominent stem-cell scientist.
So Jackpot's chairman and cofounder, Allan Tessler, decided to reinvent the company--as an incubator of Internet business-to-business companies.
The incubator insisted that Schwartz share the technology with the other companies.
Paul Graham, co-founder of influential incubator Y Combinator, just wrote an email to his portfolio companies, warning them about the potential implications of the recent Facebook IPO fiasco.
FORBES: Paul Graham: What Startups Can Do If (When?) Facebook IPO Affects Valuations
The incubator, which is older than the ideas program, has already helped 46 companies get to their feet.
Incubator Y Combinator held its fifteenth Demo Day for its latest batch of 75 companies to pitch to investors Tuesday.
"Very few entrepreneurs have built multibillion-dollar Internet companies, and Jake and I are two of them, "Dayton bragged at the incubator's formation last year.
It all started with William Gross, who in 1996 founded the first Internet incubator--Idealab, in Pasadena, California--to develop his own ideas into companies.
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