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Redefining An Incubator

For many device start-ups, incubators have been critical to an early, efficient launch of their company. Unfortunately, the financial model behind incubators hasn't always been so generous to the incubators themselves. Now, a leading incubator, The Innovation Factory, is refining its strategy to help capture more value, at both the earliest and latest stages of technology development and company creation.

During the late 1990s, as venture investors' interest in medical device start-ups hit an all-time low, a new kind of organization called incubators emerged upon the scene, offering a candle in the darkness. Though not a funding source in their own right, incubators promised to reduce risk and rationalize device investing by making early technology development and prototyping more efficient, leveraging both facilities and expertise to get to proof-of-concept before a lot of money had to be invested.

But if the incubator model worked for device entrepreneurs and technology developers, it didn't always work well for the incubators....

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