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Business Incubators Give New Firms in Rural Areas a Head Start

Author

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  • Weinberg, Mark L.

Abstract

Four out of five new businesses fail within their first 4 years. Business incubators, sponsored by local governments or other groups, can help shorten those odds. Incubators provide business services and rental space, at below market costs, for a business’s first few years. The payoff for the community is more jobs. Rural incubators may be more difficult to get going than incubators in more populous areas, but worth the investment.

Suggested Citation

  • Weinberg, Mark L., 1987. "Business Incubators Give New Firms in Rural Areas a Head Start," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 3(2), February.
    • Handle: RePEc:ags:uersra:310420
    DOI: 10.22004/ag.econ.310420
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    Citations

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    Cited by:

    1. Thomas Daniels, 1991. "The goals and values of local economic development strategies in rural America," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 8(3), pages 3-9, June.
    2. Eric Stokan & Lyke Thompson & Robert J. Mahu, 2015. "Testing the Differential Effect of Business Incubators on Firm Growth," Economic Development Quarterly, , vol. 29(4), pages 317-327, November.
    3. Rural Economy Division, 1995. "Business Assistance and Rural Development," Staff Reports 278872, United States Department of Agriculture, Economic Research Service.
    4. Rural Economy Division, 1995. "Business Assistance and Rural Development," Staff Reports 278789, United States Department of Agriculture, Economic Research Service.

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