We tend to ignore those folks in startup mode, but we were all startups once. Entrepreneur had some useful stats in its May issue, such as:
- Major benefits were connections (29%), community (29%), and information sharing (21%). About what you’d think.
- When asked if they needed it to achieve their current level of success, 70% said yes, 30% said no.
Left unanswered is how much one should pay for an incubator (none of them is free). Our guess, at least for the Phoenix area, is about $500 per month. Also left unsaid is the expertise of the advisors: have they helped a company like yours?