About NETI
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The National Environmental Technology Incubator first opened its doors in 2001 at the McLin Building - home of the International Center for Water Resources Management (ICWRM) at Central State University in Wilberforce - near Xenia, Ohio.
The NET Incubator combines faculty and student teams with Industry partners to accelerate time to market while reducing the risk of products and services that draw from the environmental science and technology community. Our main emphasis is on those opportunities related to CSU’s programs and initiatives, and those of our partners in the academic, public, and private communities. The prime directive is to create environmentally beneficial products and services as a basis for creating or expanding wealth producing, sustainable business.
So what’s different about Technology Incubation?
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve. Successful completion of a business incubation program increases the likelihood that a start-up company will stay in business for the long term: Historically, 87% of incubator graduates stay in business. (Wikipedia)
Incubators differ from research and technology parks in their dedication to start-up and early-stage companies. Research and technology parks, on 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. (Wikipedia)
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. SBDCs are required by law to offer general business assistance to any company that contacts them for help. In addition, SBDCs do not target start-up and early-stage companies; they work with any small business at any stage of development. NETI’s incubation programs partner with the local SBDC to create a “one-stop shop” for entrepreneurial support. (Wikipedia)
The NET Incubator fills a critical gap between these various supporting organizations, by creating an environment of IP-protected collaboration with technologists from academia and industry; where we can directly engage in projects that advance good technology into good products and services that then form the basis of our industry partners growth/expansion. Because faculty/student teams are directly involved (and ultimately the source of new opportunities) the industry partner gets the benefit of subject expertise and facilities, but only when needed. More, students are directly trained through Incubator projects and are ready to fill the jobs created within the industry partner as successes are achieved.
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