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Michigan Business
Incubator Association




Helping Foster State, Local and Regional Economic
Success Through Business Incubation

Advocacy Toolkit

GLOBAL REPORTS
The Global Competitiveness Report 2015/2016: The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity.  The Report series remains the most comprehensive assessment of national competitiveness worldwide.

The Global Entrepreneurship Monitor 2015/2016: The Global Entrepreneurship Monitor is the world's foremost study of entrepreneurship. Through a vast, centrally coordinated, internationally executed data collection effort, GEM is able to provide high quality information, comprehensive reports and interesting stories, which greatly enhance the understanding of the entrepreneurial phenomenon - but it is more than that. It is also an ever-growing community of believers in the transformative benefits of entrepreneurship.

NATIONAL REPORTS
Incubation Best Practices That Lead To Successful New Ventures: The U.S. Department of Commerce Economic Development Administration (EDA), a longtime financial supporter of business incubators, funded a research study to examine the relationship between incubator best practices and client outcomes. This research - conducted by the University of Michigan's Institute for Research on Labor, Employment and the Economy; the State University of New York at Albany, the National Business Incubation Association, and Cybergroup Inc. - used a robust methodology to collect and statistically analyze data, and determine specific relationships between how an incubation program operates and how its client companies perform, as measured by a number of outcomes.

MICHIGAN REPORTS
Michigan 21st Century Jobs Trust Fund—Entrepreneurship and Innovation Programs Impact and Effectiveness Study:  To better understand the impact of the 21st Century Jobs Fund to date, as well as the current environment for entrepreneurs in Michigan and the state of the infrastructure in place to assist them as they grow, the Michigan Economic Development Corporation (MEDC) engaged TEConomy Partners, LLC  to ascertain whether or not Michigan’s Innovation and Entrepreneurship Programmatic Investments have effectively helped to increase the likelihood of impactful innovations making it to the market  through entrepreneurial endeavors. It is important to understand the direct and indirect economic impacts of the innovation/entrepreneurial programs funded by the state of Michigan and to examine how they are functioning in aggregate, as well as where there are real strengths and weaknesses within the innovation chain. This report is the findings of that study.
 

2016 Research Report - Michigan Venture Capital Association: Venture capital firms and angel investors in Michigan have firmly established their role in jump-starting and sustaining Michigan’s economic recovery and they continue to build on the momentum needed to create more companies and new jobs in Michigan, according to this 2016 Research Report.  The in-depth analysis of entrepreneurial and investment activity in the state indicates steady and consistent growth and success in Michigan, in many cases outpacing national trends.

TOOLS:
Incubator Self-Assessment Tool: Industry best practices continually evolve to meet the needs of those supporting today's entrepreneurs. It is important that program managers regularly evaluate how their well their programs are performing against those best practices. Learn more about the free online tool available to measure program performance.

Incubation Impact ToolKit: The general public doesn’t know a lot about economic development, let alone what incubation is or whether it’s effective. In cooperation with Southern California Edison, InBIA created this toolkit to provide incubator managers with the rationale and the tools they need to get started down this critical road of tracking success.

InBIA Business Incubation Whitepaper Series: Commissioned by the BADIR Program for Technology Incubators and written by Dinah Adkins, InBIA’s president emerita, this series of comprehensive white papers includes topics related to business incubation, acceleration, angel investing, industry best practices, evaluating and monitoring clients and much more.

MBIA 2017

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