THE WHY
TALENT
GROWTH
ECOSYSTEM
RESOURCES
Launch Tech Events Support Entrepreneurs Grow Incubators & Accelerators Increase Density Expand Broadband
Overview
To become an emerging tech market, Greater Grand Rapids must establish itself as a community where researchers, entrepreneurs, technologists, and others can make their ideas a reality. Part of that strategy is expanding the capabilities of our business incubators and accelerator programs. Scaled appropriately, incubators have demonstrated their ability to make a significant economic impact through their support of entrepreneurs. • New York University Tandon Future Labs has helped raise $1.1 billion in capital for more than 250 startups since 2009. The Economic Impact of Incubators • Velocity , a business incubator supported by the University of Waterloo in Ontario, Canada, has helped raise $3.6 billion in funding for more than 400 companies since it was founded in 2008. The organization reports that its alumni companies have created more than 5,000 jobs.
The Economic Impact of Incubators Plus-Circle
Image Source: University of Waterloo
Made with FlippingBook Annual report maker