Darden Progressive Incubator

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The Darden Progressive Incubator is a program designed to support promising early-stage business ventures involving Darden MBA students. The Incubator is located on the campus of the Darden Graduate School of Business Administration in Charlottesville, Virginia.

Contents 1 Mission 2 Participation 3 Current Members of the Incubator 4 References

[edit] Mission

The Darden Progressive Incubator has two primary objectives:^[1]

1. Foster the formation and development of start-up businesses to the point of pursuing and obtaining appropriate third-party investment support, and
2. Educate participants about the process of new venture development to improve their potential for future success.

[edit] Participation

The Darden Incubator is open to anyone within the University of Virginia community with an entrepreneurial business idea; entry is via business concept and business plan competitions held annually at Darden. Once in the Incubator, each business is led by Darden students--whether as principals or as development managers--through a series of increasingly demanding criteria (called "gates") to the point of start-up or abandonment. Each gate is made operational with the help of an outside panel of experts in new venture development.^[2]

[edit] Current Members of the Incubator

• Career Next Step, Inc.
• Control Alt Designs
• HemoSonics
• Language Works
• OpSmart
• PocketMed
• Power Control Solutions
• Step Ladder
• Think Tank Industries
• TransBorders, Inc.
• Vikaza

[edit] References

1. ^ Darden Graduate School of Business (2006).
2. ^ Ibid