by Judi Wunderlich
The world is changing and so is the way we do business. But sometimes simply opening a business is not enough, especially for technology startups. That is why incubators (or accelerators) have become a crucial part of the landscape for tech startups around the country. The programs have become so popular that, according to a recent Forbes article, a new incubator is launched almost every day.
An incubator provides new businesses with consulting services such as management, financial aid and technical support. Each incubator is designed to accelerate the growth and success of a wide variety of entrepreneurial concepts. The National Business Incubation Association estimates that there are currently 900 business incubators in the United States with more popping up every day.
Small businesses, such as tech startups, were responsible for a large amount of the jobs created in the private sector last month, according to a report released by ADP and Moody’s Analytics. The study showed that companies with fewer than 50 employees added 74,000 new jobs in March.
Big cities are natural hotspots for startups so it is no surprise that Chicago, San Francisco and New York have attracted some of the best tech incubators in the country.
Below you will find a list of some of the top accelerators in the United States, the perfect launching point for industrious entrepreneurs.