The Incubators Technology Forum predicts an increase in investment in 2010 by incubators in early-stage ventures, at a time when venture capital investment is falling. The assessment is based on a survey of incubators' managers, which found that they intend to expand activity this year.
In 2009, incubators invested in 81 new ventures: 33 medical device ventures, 10 biotech, 22 software and communications; 14 environmental quality; and two electronics ventures.
More than half the incubator managers predict that the number of venture capital investments in former incubator companies will increase, but that the aggregate amount of investment will be unchanged. According to IVC, venture capital funds invested only $29 million in seed-stage start-ups in 2009.
Technion Seed CEO Moshe Katznelson said, "Incubators are the leaders in seed-stage investment in Israel."
Published by Globes [online], Israel business news - www.globes-online.com - on June 6, 2010
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