A Woman's Place
Tech incubators nurture women-owned firms.
For years, incubators have been acknowledged as an important
part of the formula for growing businesses. Here are some
incubators that primarily or exclusively target women
entrepreneurs:
Women's
Technology Cluster focuses on tech companies of which a
major part is owned by women. Firms must be capable of reaching
$100 million in revenue within five years and have already received
money from other sources. Companies stay an average of 12 to 14
months; offerings include seminars, workshops and assistance
finding funding. Call (415) 970-5090 for details.
Ground Floor Ventures focuses primarily on women-owned
companies in the high-tech arena with enormous growth potential.
Offerings include access to mentors and experts, seminars and
opportunities to present to venture capitalists and angel backers
as well as other capital sources. Participants provide equity in
the company as partial payment. Visit www.groundfloorventures.com for more information.
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Women in
Technology International launched the first in a series of
centers last October at Smith College in Northampton,
Massachusetts. The centers will facilitate innovation and
commercialization of technology by women; each will include a
for-profit incubator. Services include help developing a business
plan and finding funding sources and below-market rental rates. A
percentage of equity is required as partial payment, and you must
mentor future incubatees. Call (818) 990-6705 for details.