Business Incubation is an economic development best value.
  • For every $1 of estimated annual public operating subsidy provided the incubator, clients and graduates (of NBIA member incubators) generate approximately $45 in local tax revenue alone.
  • NBIA members report that 84 percent of incubator graduates stay in their ecommunities and continue to provide a return to their investors.
  • Publicly supported incubators create jobs at a cost of about $1,100 each, whereas other publicly supported job creation mechanisms commonly cost more than $10,000 per job created.
  • Every 50 jobs created by an incubator client generate another 25 jobs in the community.
In 2006, Jacksonville State University's Center for Economic Development conducted a study to determine the economic impact of the Entrepreneurial Center on Northeast Alabama.