In today’s Wall Street Journal, it was reported that business incubators are showing signs of revival (“Start-Up Incubators Reborn“). Incubators provide entrepreneurs with support that makes starting and growing a business easier. A successful business incubator isn’t automatic, however. It takes choosing an appropriate location, providing solid technical support, creating a receptive business environment, and facilitating access to capital — all things that concern those of us involved with economic development. However, there is the most important component… eager people with an entrepreneurial spirit and the basic knowledge, or willing to obtain the knowledge, to run a profitable business and satisfy their customers.
… it’s probably here somewhere
Daryl Phillips, CEcD, EDFP
I work as an economic developer consulting with communities and companies developing locations, building communities and identifying and developing workforce. However, my opinions on this blog are free and my own, as is the blog itself.
I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers.
I have earned over 20 years experience in economic and workforce development. I have earned and maintain the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council. I have earned a Master of Business Administration from Tennessee Technological University.
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