Business Development - Business Incubator - Launch your business with DaLuke!
We LOVE the entrepreneurial spirit. We LOVE the big idea that starts as a small company. DaLuke was created to assist businesses in business development, small business research, funding and advertising. We...
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Stimulate technology based local and regional economic development through various university and industry partnerships
- Support entrepreneurs and small businesses by providing access to resources vital to growth and stability
- Foster economic growth by enabling the formation of new businesses, cultivation of jobs and commercialization of technologies
DaLuke achieves this by providing intensive business support to start-up technology companies, using an entrepreneurial
management team. In-house expertise is based on extensive knowledge and experience in commercialising technology.
JOIN OUR INCUBATOR ! $100.00 entry fee
(The DaLuke Incubator funds the rest)
- FREE logo / branding / new web site or web site reworking / proof of concept assistance
- Analysis of business / consulting / planning / funding / regionalized advertising
What are business incubators?
Business incubators nurture the development of entrepreneurial companies, helping them survive and grow during the start-up period, when they are most vulnerable.
Business incubators reduce the risk of small business failures.
The programs they provide businesses support services and resources tailored to young firms. The most common goals of incubation programs are creating jobs in a community, enhancing a community’s entrepreneurial climate, retaining businesses in a community, building or accelerating growth in a local industry, and diversifying local economies.
Business incubation is a business support process that accelerates the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services. These services are usually developed or orchestrated by incubator management and offered both in the business incubator and through its network of contacts. A business incubator’s main goal is to produce successful firms that will leave the program financially viable and freestanding. These incubator graduates have the potential to create jobs, revitalize neighbourhoods, commercialize new technologies, and strengthen local and national economies.
Critical to the definition of an incubator is the provision of management guidance, technical assistance and consulting tailored to young growing companies. Incubators usually also provide clients access to appropriate rental space and flexible leases, shared basic business services and equipment, technology support services and assistance in obtaining the financing necessary for company growth.
Incubators vary in the way they deliver their services, in their organizational structure and in the types of clients they serve. Highly adaptable, incubators have differing goals, including diversifying rural economies, providing employment for and increasing wealth of depressed inner cities, and transferring technology from universities and major corporations. Incubator clients are at the forefront of developing new and innovative technologies – creating products and services that improve the quality of our lives in communities around the world.
How do incubators contribute to local and regional economies?
Incubator graduates create jobs, revitalize neighbourhoods and commercialize new technologies, thus strengthening local, regional and even national economies.
Incubators are creating the economy of the future. It is estimated that in 2005 alone, North American incubators assisted more than 27,000 start-up companies that provided full-time employment for more than 100,000 workers and generated annual revenue of more than $17 billion.
(Source: 2006 State of the Business Incubation Industry)
Historically, member incubators have reported that 87 percent of all firms that have graduated from their incubators are still in business. (Source: Business Incubation Works)