Tag Archives: business accelerator

Sara Salzman, Resource Efficiency Consultant

Sara is an expert in Leadership Development Management Consulting. She holds a BA in Psychology from University of Wisconsin-Milwaukee and a Masterʼs Degree in the Science of Management from Cardinal Stritch University. She is a natural born leader with a magnetic, inspiring, motivational energy. She came from humble beginnings, growing up in rural Wisconsin on [...]

Adbongo awarded B Corp Status

This week B Lab certified Adbongo, Inc. as Texas’ newest B corporation. Dallas, Texas, January 3, 2012 – This week Adbongo, Inc. received B Corporation certification marking it as a business that voluntarily follows environmental and social practices above and beyond those required of other businesses. Through their role as business incubator Adbongo aims to [...]

Rainmaker

Peter Strople, Rainmaker

We are pleased to announce the most recent addition to our board of advisors:  Peter Strople. Peter is regarded by many as one of the most connected people in North American business circles and is considered one of the world’s great “Rainmakers.” He calls on a dream list of Global business, organizational, and political leaders [...]

Why It’s Good to Have a Cause

As a cause business incubator, Adbongo recommends clients find a cause with which to align your business. Whether you center your whole business concept on a cause or you align with a non-profit, supporting a good cause is not only good for humanity or the planet, it’s also good for business.

Business Incubators Are Best Investment of Public Dollars, Study Says

DALLAS, Texas —At a time when the U.S. Congress and President Obama are considering investing $850 billion to create jobs, a recently announced study clearly proves that business incubators need to be part of the job creation equation.

According to a research study conducted for the U.S. Department of Commerce Economic Development Administration, business incubators provide communities with significantly greater results at less cost than do any other type of public works infrastructure project.

Business incubators uniquely positioned to spark job creation

As local, state and national government agencies examine ways to create jobs and turn around the struggling economy, business incubation programs are featuring prominently in the debate – as well they should. For 50 years, incubators like Adbongo have been helping entrepreneurs turn their ideas into viable businesses, promoting innovation and creating jobs by providing emerging companies with business support services and resources tailored to young firms to increase their chances of success.

As any entrepreneur can attest, starting a new business isn’t an easy task. Most business owners know every detail of their product or service, but many lack all of the skills they need to turn their ideas into successful firms. Business incubation programs are uniquely positioned to help entrepreneurs access resources through the incubator. Whereas entrepreneurs usually need to hire separate entities to write their business plans, provide legal advice, create marketing and advertising materials and develop their social media presence, the Adbongo incubator can perform all of these functions at a fraction of the cost clients would have to pay to secure these services from multiple providers.

Around the world, entrepreneurs are playing an increasingly important role in transforming economies. Rather than relying solely on efforts to attract existing businesses from other locations, many communities like Dallas are recognizing the need to help local residents build new businesses from the ground up through business incubators.

By focusing on developing a new generation of entrepreneurs – most of whom have ties to the local area – communities are helping to build companies that will create jobs and spark economic growth in the region for years to come. And because these programs provide targeted business assistance to young firms at their earliest stages of development – when they’re most vulnerable – business incubators help support new ventures that have a greater-than-average chance of success.