Darden | Mr. Corporate Dev
GMAT Waived, GPA 3.8
Kellogg | Mr. Equity To IB
GMAT 730, GPA 3.6
Cornell Johnson | Mr. SAP SD Analyst
GMAT 660, GPA 3.60
Kellogg | Ms. Public School Teacher
GRE 325, GPA 3.93
Duke Fuqua | Mr. Military MedTech
GRE 310, GPA 3.48
Stanford GSB | Mr. Latino Healthcare
GRE 310, GPA 3.4
Berkeley Haas | Mr. Army Officer
GRE 325, GPA 3.9
INSEAD | Mr. Future In FANG
GMAT 650, GPA 3.5
Wharton | Mr. Aspiring Leader
GMAT 750, GPA 3.38
Cornell Johnson | Mr. Advisory Consultant
GRE 330, GPA 2.25
INSEAD | Mr. Marketing Master
GRE 316, GPA 3.8
Darden | Ms. Marketing Analyst
GMAT 710, GPA 3.75
Harvard | Mr. Hedge Fund
GMAT 740, GPA 3.8
Stanford GSB | Mr. Deferred MBA
GMAT 760, GPA 3.82
Stanford GSB | Mr. Robotics
GMAT 730, GPA 2.9
Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Kellogg | Mr. Double Whammy
GMAT 730, GPA 7.1/10
INSEAD | Mr. Tesla Manager
GMAT 720, GPA 3.7
Darden | Mr. Tech To MBB
GMAT 710, GPA 2.4
INSEAD | Ms. Investment Officer
GMAT Not taken, GPA 16/20 (French scale)
McCombs School of Business | Mr. Startup Of You
GMAT 770, GPA 2.4
Kellogg | Mr. Hopeful Admit
GMAT Waived, GPA 4.0
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Harvard | Mr. Policy Development
GMAT 740, GPA Top 30%
Ross | Mr. Brazilian Sales Guy
GRE 326, GPA 77/100 (USA Avg. 3.0)
INSEAD | Mr. INSEAD Hopeful
GMAT -, GPA 2.9

The Top University Business Incubators

Los Angeles Cleantech Incubator

Los Angeles Cleantech Incubator

RESEARCH PINPOINTS UNEXPECTED TRENDS

In formulating its rankings and scorecards, UBI Index also uncovered some noteworthy data about incubators. Among the 300 benchmarked institutions, four-out-of-five were non-profits, with less than a third offering seed money to startups. Among the incubated startups, two-thirds were only in the idea or early development phase, with the majority in ICT and non-specialized fields. Among the 300 incubators benchmarked, 37% were based in Europe, followed by North America (23%), South America (22%), Asia and Oceania (13%), and 5% Africa (5%).

UBI Index’s research also revealed that funding doesn’t necessarily equate with success. On average, incubators in top 300 spend $1190 to create a new job. However, the top incubators average $780, over $400 less per job. That point was reinforced by another finding: Average investment at top incubators is just $970,000, a third of the $2.5 million investment at average performing incubators. In other words, the best incubators require less capital to achieve a higher return. However, top 25 school-managed incubators were more likely to provide seed funding (40% vs. 31%).

Even more, the top incubators are driving the biggest growth. Pulling the top 30 incubators from the school-managed and school-affiliated ranks, UBI Index found that these programs accounted for $19.7 billion dollars in sales, 55,337 new jobs, and 279 IPOs over the past five years. In other words, the top 10% of incubators were driving roughly 82% of sales and 55% of new jobs.

TEC Edmonton Student Entrepreneurship Program

TEC Edmonton Student Entrepreneurship Program

In interviews with incubator managers, UBI Index also identified four key ingredients to success: Recruiting high potential startups; providing a wide array of services; emphasizing coaching and mentoring; and delivering a wide network of potential clients, partners, and investors.

THE FUTURE REMAINS BRIGHT FOR INCUBATORS 

So what’s in store for incubators in the coming years? Bhatli foresees three trends emerging. For starters, he is already witnessing universities worldwide becoming more involved in incubation. “In 3-4 years, you’ll see the teaching universities doing more with entrepreneurship because they are beginning to realize the importance and potential they have with all the research and infrastructure. They are becoming more engaged. They will each have their own incubator or work with another.”

Bhatli also anticipates greater zeal among corporations to support incubators. “Corporate and industry realize that they can rely more on innovators for innovation than to do it themselves. It’s going to be so much more organized and larger in the next couple years.”

Finally, Bhatli expects the world to embrace incubators. “I see the drive in emerging economies when it come to incubation – India, China, Brazil. And there’s great vibrance in Chile. These countries realize [that] this is their great opportunity and that entrepreneurship is what will help them grow exponentially. They are putting a lot of effort into it.”

DON’T MISS: ENTREPRENEURSHIP GETS A BIG BOOST AT COLUMBIA

To see the rankings of the top school-run and school-affiliated incubators, click on the next page.