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55-533: The SETsquared Partnership , usually known simply as SETsquared , is a business incubation network run by five universities in Southern England . SETsquared stands for Southern England Technology Triangle . The partnership was formed in 2002, between the University of Bath , the University of Bristol , the University of Southampton and the University of Surrey . The University of Exeter joined

110-562: A "one-stop shop" for entrepreneurial support. Within European Union countries, there are different EU and state funded programs that offer support in form of consulting, mentoring, prototype creation, and other services and co-funding for them. In India, the business incubators are promoted in a varied fashion: as technology business incubators (TBI) and as startup incubators—the first deals with technology business (mostly, consultancy and promoting technology related businesses) and

165-441: A business incubation program must apply for admission. Acceptance criteria vary from program to program, but in general only those with feasible business ideas and a workable business plan are admitted. It is this factor that makes it difficult to compare the success rates of incubated companies against general business survival statistics. Although most incubators offer their clients office space and shared administrative services,

220-506: A business. These hurdles include space, funding, legal, accounting, computer services and other prerequisites to running the business. According to the Small Business Administration's website, their mission provides small businesses with four main services. These services are: Among the most common incubator services are: There are a number of business incubators that have focused on particular industries or on

275-450: A company spends in an incubation program can vary widely depending on a number of factors, including the type of business and the entrepreneur's level of business expertise. Life science and other firms with long research and development cycles require more time in an incubation program than manufacturing or service companies that can immediately produce and bring a product or service to market. On average, incubator clients spend 33 months in

330-422: A high-ranking position at a roommate's company. Collectives such as these build on a legacy set forth by Mark Zuckerberg and Facebook. The house featured in the film The Social Network was a hacker's den rented by Zuckerberg that ultimately gave rise to a tech supergiant. This house and the fortune it gave rise to was well-documented in the 2010 film The Social Network . Batavia, New York Batavia

385-471: A key purpose of Socrates is to assist government economic planners in addressing the economic and socioeconomic issues (see above) with unprecedented speed, efficiency and agility. Many for-profit or "private" incubation programs were launched in the late 1990s by investors and other for-profit operators seeking to hatch businesses quickly and bring in big payoffs. At the time, NBIA estimated that nearly 30% of all incubation programs were for-profit ventures. In

440-467: A major effort to address the ongoing economic crisis of the US, legislation was introduced to "reconstitute Project Socrates ". The updated version of Socrates supports incubators by enabling users with technology-based facts about the marketplace, competitor maneuvers, potential partners, and technology paths to achieve competitive advantage. Michael Sekora, the original creator and director of Socrates says that

495-421: A major street named after him (Ellicott Street) as well as a minor one (Ellicott Avenue), and a large monument in the heart of the city. Batavia was incorporated as a village in 1823. The present counties of western New York were all laid-out from the original Genesee County; the modern Genesee County is but one of many. However, the entire area, as a region, is still referred to as Genesee Country . Thus, Batavia

550-419: A multitude of negative health effects in residents surrounding these facilities. Among this list, nickel compounds have been found to be associated with cancer, hematological, immunological, and respiratory complications, manganese has been linked to neurological complications, and lead has been linked to cancer, cardiovascular, developmental, hematological, neurological, renal, and reproductive complications. This

605-643: A particular business model, earning them their own name. More than half of all business incubation programs are "mixed-use" projects, meaning they work with clients from a variety of industries. Technology incubators account for 39% of incubation programs. One example of a specialized type of incubator is a bio incubator . Bioincubators specialize in supporting life science -based startup companies . Entrepreneurs with feasible projects in life sciences are selected and admitted to these programs. Unlike many business assistance programs, business incubators do not serve any and all companies. Entrepreneurs who wish to enter

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660-491: A possibility of harm and contamination. These companies include the following: In total, these companies accounted for 29,724 pounds of the 53,610 pounds of contaminants released in Batavia in 2020, totaling 55.44% of the year's chemical releases. The top 5 contaminants by weight that caused an elevated RSEI score in 2020 are as follows: If consumed in toxic amounts, either rapidly or slowly over time, these chemicals can cause

715-1108: A program. Many incubation programs set graduation requirements by development benchmarks , such as company revenues or staffing levels, rather than time. Business incubation has been identified as a means of meeting a variety of economic and socioeconomic policy needs, which may include job creation, fostering a community's entrepreneurial climate, technology commercialization, diversifying local economies, building or accelerating growth of local industry clusters, business creation and retention, encouraging minority entrepreneurship, identifying potential spin-in or spin-out business opportunities, or community revitalization. About one-third of business incubation programs are sponsored by economic development organizations. Government entities (such as cities or counties) account for 21% of program sponsors. Another 20% are sponsored by academic institutions, including two- and four-year colleges, universities, and technical colleges. In many countries, incubation programs are funded by regional or national governments as part of an overall economic development strategy. In

770-411: A raid and ended up marrying her Seneca captor, was an able negotiator for the tribe and helped win them more favorable terms. For the negotiations, Horatio Jones was the translator, and William Wadsworth provided his unfinished home. The land was then surveyed under the supervision of Joseph Ellicott, a monumental task and the biggest land survey ever attempted to that time. Ellicott, as agent for

825-548: A total of 53,610 pounds was released on land, or into the air and water of the surrounding areas without being managed properly. These oversights in waste management can cause toxic chemicals to leech into the surrounding environment and become toxic to the individuals living there. Of these facilities, 4 are indicated by the EPA to release chemicals that could pose a threat to people in the surrounding communities. The risk indication comes from an RSEI score higher than zero, which signifies

880-584: Is a city in and the county seat of Genesee County, New York , United States. It is located near the center of the county, surrounded by the Town of Batavia , which is a separate municipality . Batavia's population, as of the 2020 census, was 15,600. It is considered to be part of the Rochester–Batavia–Seneca Falls combined statistical area . The name Batavia is Latin for the Betuwe region of

935-739: Is also where the New York State School for the Blind , a New York State-operated K-12 school, and the main campus of Genesee Community College is located. In Batavia, there are multiple companies ranging from food products to manufacturing that release toxic chemicals on a regular basis. The following data comes from the United States Environmental Protection Agency ’s Toxics Release Inventory (TRI) database. In 2020, these facilities were responsible for 1,522,366 pounds of waste. Of this number,

990-758: Is based in the Surrey Technology Centre within Surrey Research Park , Guildford . In December 2014, SETsquared opened another centre, in the Basing View business park in Basingstoke , Hampshire, assisted by a grant of £100,000 from Basingstoke and Deane Borough Council . Official website Business incubator Business incubators differ from research and technology parks in their dedication to startup and early-stage companies. Research and technology parks, on

1045-441: Is just a short list of all of the possible risks of exposure so independent research is recommended. It is important to note, however, that the very presence of these compounds in released materials does not directly correlate with human ingestion, and that there are many safety measures in place to ensure that this is the case. Each facility listed above is located inside or on the outer boundary of residential areas. In these areas,

1100-426: Is water. The city also sits directly along the 43rd parallel north . New York State Route 5 (east-west) intersects state routes 33 , 63 and 98 in the city. The New York State Thruway ( Interstate 90 ) is immediately north of Batavia. This climatic region is typified by large seasonal temperature differences, with warm to hot (and often humid) summers and cold (sometimes severely cold) winters. According to

1155-471: The Köppen climate classification system, Batavia has a humid continental climate , abbreviated "Dfa" or "Dfb" on climate maps. As of the census of 2010 , there were 15,465 people, 6,644 households, and 3,710 families residing in the city. The city's racial demographic changed slightly from 2000 to 2010. As of the census of 2000 , there were 16,256 people, 6,457 households, and 3,867 families residing in

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1210-837: The Miami Marlins ; in 2008, they won the New York Penn League Championship. The city's UN/LOCODE is USBIA. The current City of Batavia was an early settlement in what is today called Genesee Country , the farthest western region of New York State, comprising the Genesee Valley and westward to the Niagara River , Lake Erie , and the Pennsylvania line. The tract purchased in western New York (the Holland Purchase)

1265-741: The Netherlands , and honors early Dutch land developers. In 2006, a national magazine, Site Selection , ranked Batavia third among the nation's micropolitans , based on economic development. The New York State Thruway ( Interstate 90 ) passes north of the city. Genesee County Airport (GVQ) is also north of the city. The city hosts the Batavia Muckdogs baseball team, of the Perfect Game Collegiate Baseball League , at Dwyer Stadium , (299 Bank Street). The Muckdogs, formerly, were an affiliate of

1320-626: The Theo Muller Group . On December 10, 2015, the closure of the yogurt plant was announced with the additional news that the facility would be sold to the Dairy Farmers of America cooperative. According to the United States Census Bureau , the city has an area of 5.2 square miles (13.6 km ), of which 5.2 square miles (13.4 km ) is land and 0.1 square mile (0.2 km ) (1.14%)

1375-523: The World Bank . The first high-tech incubator located in Silicon Valley was Catalyst Technologies started by Nolan Bushnell after he left Atari . "My idea was that I would fund [the businesses] with a key," says Bushnell. "And the key would fit a lock in a building. In the building would be a desk and chair, and down the hall would be a Xerox machine. They would sign their name 35 times and

1430-453: The ADT ( Arbeitsgemeinschaft Deutscher Innovations-, Technologie-, und Gründerzentren e.V. ). San Francisco and Silicon Valley are home to 'founder houses.' These involve a collective of founders sharing an apartment or house while working to get their companies off the ground. Similar to tech/hacker houses in the same area, the founders collaborate to promote one another's success while enjoying

1485-850: The Engine Shed business incubator, housed in Isambard Kingdom Brunel 's building at Bristol Temple Meads railway station , within Bristol Temple Quarter Enterprise Zone . An Engine Shed 2 is planned. The Exeter centre is based at the University of Exeter Innovation Centre and, since 2015, also at the Exeter Science Park . Southampton's centre is at the Southampton Science Park . In Surrey, SETsquared

1540-1022: The European Commission in 2002 identified around 900 incubation environments in Western Europe. As of October 2006, there were more than 1,400 incubators in North America, up from only 12 in 1980. Her Majesty's Treasury identified around 25 incubation environments in the UK in 1997; by 2005, UKBI identified around 270 incubation environments across the country. In 2005 alone, North American incubation programs assisted more than 27,000 companies that provided employment for more than 100,000 workers and generated annual revenues of $ 17 billion. Incubation activity has not been limited to developed countries; incubation environments are now being implemented in developing countries and raising interest for financial support from organizations such as UNIDO and

1595-781: The Holland Land Company. Batavia, New York, was named by Busti in honor of the Batavian Republic (1795–1806), a republican government of the Netherlands and home of the investors of the Holland Land Company. One of the provisions of the sale was that Morris needed to settle the Indian title to the land, so he arranged for his son, Thomas Morris , to negotiate with the Iroquois at Geneseo, New York , in 1797. About 3,000 Iroquois, mostly Senecas , arrived for

1650-586: The Small Business Administration in the Small Business Act of July 30, 1953. Its purpose is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns." In addition, the charter ensures that small businesses receive a "fair proportion" of any government contracts and sales of surplus property. SBDCs work with any small businesses at any stage of development, and not only with startup companies. Many business incubation programs partner with their local SBDC to create

1705-518: The US, or abroad, and according to U.S. Census data there has been a gradual but consistent decline in the city's population from 1960 forward. The construction of the Buffalo Federal Detention Facility , a federal immigration detention center next to the airport has provided more jobs in the area, as well as expansion of the airport, including lengthening the runway to accommodate larger aircraft in 2005. Inmates at

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1760-578: The United States, however, most incubation programs are independent, community-based and resourced projects. The U.S. Economic Development Administration is a frequent source of funds for developing incubation programs, but once a program is open and operational it typically receives no federal funding; few states offer centralized incubator funding. Rents and/or client fees account for 59% of incubator revenues, followed by service contracts or grants (18%) and cash operating subsidies (15%). As part of

1815-404: The average family size was 3.01. 23.4% of the city's population were under the age of 18, 8.7% were from age 18 to 24, 29.0% were from age 25 to 44, 20.2% were from age 45 to 64, and 18.6% were age 65 or older. The median age was 38 years. For every 100 females, there were 93.2 males. For every 100 females age 18 and over, there were 92.2 males. The city's median household income was $ 33,484, and

1870-444: The city. The population density was 3,133.9 people per square mile (1,210.0 people/km ). There were 6,924 housing units at an average density of 1,334.8 per square mile (515.4/km ). The city's racial makeup was 90.23% White , 5.43% Black or African American , 0.48% Native American , 0.87% Asian , 0.02% Pacific Islander , 1.06% from other races , and 1.90% from two or more races. Hispanic or Latino of any race were 2.45% of

1925-403: The company would be incorporated." All the details would be handled: "They'd have a health care plan, their payroll system would be in place, and the books would be set up. So in 15 minutes, they would be in business working on the project." Since startup companies lack many resources, experience and networks, incubators provide services which helps them get through initial hurdles in starting up

1980-506: The company, established a land office in Batavia in 1802. The entire purchase was named Genesee County in 1802, with Batavia as the county seat. The company sold off the purchase until 1846, when the company was dissolved. The phrase "doing a land office business," which denotes prosperity, dates from this era. The office is a museum today, designated a National Historic Landmark . Ellicott lived in Batavia for many years although he thought Buffalo would certainly grow to be larger. Batavia has

2035-481: The detention center have included terrorism suspects, such as Nabil Ahmed Farag Soliman , who embarked on a hunger strike in 1999 after two and a half years in federal detention. In August 2012, Muller Quaker Dairy broke ground on what was to be one of the largest yogurt manufacturing plants in the United States, and employed 170 people in December 2015. Muller Quaker Dairy is a joint venture between PepsiCo and

2090-478: The financial benefits of co-living in one of the most expensive regions of the country. These collectives are typically located in San Francisco or near to Stanford University's campus. Many of the founders have dropped out of Stanford University to pursue their careers– in fact, there is a more than a 1 in 10 chance that billion-dollar startups have one or more founders who attended Stanford. In addition to

2145-428: The financial incentives of co-living, founders share investor recommendations, funding strategies, VC contacts, and other elements critical to a startup company's success in its early days. These set-ups allow for largely virtual work, eliminating the burden on new founders to find a physical space for their company. Due to the collaborative nature of these spaces, residents who have failed companies often pivot to taking

2200-731: The heart of a true business incubation program is the services it provides to startup companies. More than half of incubation programs surveyed by the National Business Incubation Association in 2006 reported that they also served affiliate or virtual clients. These companies do not reside in the incubator facility. Affiliate clients may be home-based businesses or early-stage companies that have their own premises but can benefit from incubator services. Virtual clients may be too remote from an incubation facility to participate on site, and so receive counseling and other assistance electronically. The amount of time

2255-779: The later deals with promoting startups (with more emphasis on establishing new companies, scaling the businesses, prototyping, patenting, and so forth). The formal concept of business incubation began in the US in 1959 when Joseph L. Mancuso opened the Batavia Industrial Center in a Batavia, New York , warehouse. Incubation expanded in the U.S. in the 1980s and spread to the UK and Europe through various related forms (e.g. innovation centres, pépinières d'entreprises, technopoles/science parks). The U.S.-based International Business Innovation Association estimates that there are about 7,000 incubators worldwide. A study funded by

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2310-454: The median family income was $ 42,460. Males had a median income of $ 32,091 versus $ 23,289 for females. The city's per capita income was $ 17,737. About 10.2% of families and 12.3% of the population were below the poverty line, including 16.5% of those under age 18 and 6.9% of those age 65 or over. Batavia City School District is the school district of the city, and operates multiple public schools there, including Batavia High School . Batavia

2365-511: The negotiation. Seneca chief and orator Red Jacket was adamantly against the sale, but his influence was thwarted by freely-distributed liquor and trinkets given to the women. He acquiesced and signed the Treaty of Big Tree , in which the tribe sold their rights to the land (except for a small portion) for $ 100,000. Mary Jemison , known as The White Woman of the Genesee , who was captured in

2420-555: The other hand, tend to be large-scale projects that house everything from corporate, government, or university labs to very small companies. Most research and technology parks do not offer business assistance services, which are the hallmark of a business incubation program. However, many research and technology parks house incubation programs. Incubators also differ from the U.S. Small Business Administration's Small Business Development Centers (and similar business support programs) in that they serve only selected clients. Congress created

2475-513: The partnership in 2011. In addition to hosting and supporting startup companies , SETsquared promotes university-to-business technology transfer and guides students into entrepreneurship . It has been mainly financed by the Higher Education Funding Council for England 's Higher Education Innovation Fund and by membership fees for businesses. In 2015, it was ranked as the top university-based business incubator in

2530-546: The population density of lower-income residents, as well as residents of color, is higher than in the areas that do not contain any facilities that potentially toxic chemicals. This trend seemingly holds true in most urban areas. As stated before, the placement of these facilities can have a large impact on the individuals who surround them. Throughout the United States, people of color and people living in impoverished conditions are more likely to live in areas hosting facilities that release toxic chemicals. This disparity accounts for

2585-400: The population. There were 6,457 households, of which 29.4% had children under the age of 18 living with them, 42.5% were married couples living together, 13.2% had a female householder with no husband present, and 40.1% were non-families. 33.7% of all households were made up of individuals, and 16.2% had someone living alone who was at least 65 years old. The average household size was 2.34 and

2640-403: The sale of the western part of the state completed, Batavia became a small industrial city in the heart of an agricultural area. It became known for the manufacture of tractors , agricultural implements, sprayers and shoes. It also was a tool and die making center for industries in other areas. The largest manufacturer, Johnston Harvester Company came into being in 1868. In 1910, the business

2695-1154: The wake of the dot-com bust , however, many of those programs closed. In NBIA's 2002 State of the Business Incubation survey, only 16% of responding incubators were for-profit programs. By the 2006 SOI, just 6% of respondents were for-profit. Although some incubation programs (regardless of nonprofit or for-profit status) take equity in client companies, most do not. Only 25% of incubation programs report that they take equity in some or all of their clients. Incubators often aggregate themselves into networks which are used to share good practices and new methodologies. Europe's European Business and Innovation Centre Network ("EBN") association federates more than 250 European Business and Innovation Centres (EU|BICs) throughout Europe. France has its own national network of technopoles , pre-incubators, and EU|BICs, called RETIS Innovation. This network focuses on internationalizing startups. Of 1000 incubators across Europe, 500 are situated in Germany. Many of them are organized federally within

2750-528: The world by UBI Global, as well as being ranked by UBI Global as the top one in Europe for the third year running. By 2016, the network had assisted over 1,000 startups. At Bath, SETsquared are based in the University of Bath Innovation Centre in Carpenter House. Bristol's centre, launched in 2003, was located adjacent to the university's Department of Computer Science . In 2013, the centre moved into

2805-618: Was a 3,250,000 acre (13,150 km ) portion of the Phelps and Gorham Purchase that lay west of the Genesee River. It was purchased in December 1792, February 1793, and July 1793 from Robert Morris , a prominent Revolutionary banker, by the Holland Land Company , a consortium of Dutch bankers. The village of Batavia was founded in 1802 by resident Land Agent Joseph Ellicott , under the authorization of Paul Busti of

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2860-601: Was a factor in politics for many years afterward, leading to the creation of the Anti-Masonic Party , as well as religion. Many Methodist Episcopal clergy had joined the Masons, and this was one of the reasons the Free Methodist Church separated. The Erie Canal in 1825 bypassed Batavia, going well to the north at Albion and Medina , enabling Buffalo and Rochester to grow much faster. With

2915-410: Was acquired by Massey-Harris Co. Ltd , and became a subsidiary of that Canadian company, founded by Daniel Massey in 1847. Batavia grew rapidly in the early 20th century, receiving an influx of Polish and Italian immigrants. The City of Batavia was incorporated in 1915. Batavia is part of what has become known as The Rust Belt . In recent years much of the heavier industry left for other areas of

2970-451: Was developed later that the men were Masons, and they carried him to Fort Niagara , where he was held captive and then disappeared. Although the Masons claimed he was only bribed to cease publication and leave the area forever, public sentiment was that he was murdered. No conviction was ever obtained. His captors were only charged and convicted with his abduction. The event roused tremendous public furor and anti-Mason sentiment. Anti-Masonry

3025-461: Was the core from which the rest of western New York was opened for settlement and development. A scandal erupted in Batavia in 1826, when William Morgan was offended by the local Masonic Lodge (Western Star Chapter R. A. M. No. 33 of Le Roy, New York ), and threatened to expose the lodge's secrets. He was arrested on a minor charge, then released when his charge was paid, into the company of several men, with whom he went, apparently unwillingly. It

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