Social business incubators have been proven to succeed. On average, start-ups are more successful when they've had the help of an incubator or similar organization.
According to the U.S. Small Business Administration, 66 percent of all good business ideas fail within two years due to a lack of human talent, public awareness and financial capital. Similarly, in 1997, the National Business Incubation Association did a study that proved that 87% of entrepreneurial companies that went through an incubation process stayed in business (and that's compared with 44% of all firms).
Of course the role(s) of social business incubators can vary from program to program and from entrepreneur to entrepreneur, but generally, its implementation is designed to speed up the development of start-ups so that they can find success in and through the management and contacts that the incubator has to offer. Interestingly, Ankur Capital (featured in this cluster) likes to differentiate itself trom traditional social business incubators and sees itself as more of a seed capital initiative.
From Mission-Focused Mentors to Disruptive Entrepreneur Incubators
Female-Focused Biz Incubators
Spark:Her by FYSE Helps Women Social Entrepreneurs Launch
Global Social Benefit Incubator Launched Kiva, VisionSpring
Social Business Supporters
Ankur Capital Helps Impact-Driven Businesses in India Succeed
Social Impact Fellowships
Echoing Green Offers Seed Funding for Visionary Entrepreneurs
Crowdfunded Social Enterprises
OC Theory Makes a Difference by Funding Small Businesses
Disruptive Entrepreneur Incubators
The Unreasonable Institute Spurs Social Enterprise Ventures
Social Innovation Brokers
Volans is a Think-Tank, Incubator and Consultancy
Creative Business Incubators
Cockpit Arts is a Social Enterprise for 'Designer-Makers'
Social Innovation Hubs
The Schwab Foundation for Social Entrepreneurship Offers a Voice
Majority World Tech Incubators
D-Rev Designs Solution-Driven Products for Low-Income Customers