Business Incubators – Legal Organizational Structures

There are four general options of legal and governance structures for business incubators with variations on each. 1) a private, for-profit corporation, 2) an independent 501 (c)(3) not-for-profit corporation 3) a unit operating under an existing “host” 501 (c)(3) not-for-profit corporation. 4) a dept of a university Private, For-Profit Corporation For-profit incubators are usually established Read more about Business Incubators – Legal Organizational Structures[…]

NASA Project – 1998

In 1998 Global Business Incubation, Inc. (GBI), a private non-profit 501(c)(3) corporation, developed a business incubator for entrepreneurs and small businesses in technology, multimedia and entertainment. This model incubator, the Interactive Multitainment Advanced Technology Center (IMATC), created a technology infrastructure that provides a mix of business services and practices to support start-up and small businesses Read more about NASA Project – 1998[…]

About GBI

Global Business Incubation is a nonprofit that grows and develops urban enterprises through business incubation and cooperative strategies. We have attracted millions in venture capital to 50 new media companies located in our Downtown L.A. business incubator, creating hundreds of jobs and earning us the White House Millenium Council Award. We are now committed to incubating Read more about About GBI[…]