Driving Innovation, Entrepreneurship, and the Future of Maryland’s Economy
The Maryland Business Incubation Association (MBIA) was founded in 2002 to advance business incubation in Maryland. Representing 23 incubators, MBIA supports nearly 550 companies across the state in both urban and rural areas. Since its inception, our incubators have generated 11,800 jobs, making it equivalent to one of the state’s largest employers. While the terms “incubator” and “incubation” still are used, MBIA’s definition of incubator and models of incubation have evolved to respond to the needs of its members and the demands of today’s marketplace—from traditional lab space for longer gestating engineering and biotechnologies to co-working and accelerator models for software, digital media, web and mobile app technologies.
Improve the economy and business environment for entrepreneurs and innovators through member-based resources and services.
An ecosystem in which innovation can succeed.
Our objectives are focused on promoting the interests of our incubator members and creating an environment to enable our companies to succeed.
Our objectives are to:
Enhance the visibility of incubators among state and local stakeholders, including elected officials, business leaders and higher education leaders
Promote the interests of incubators in policy making and legislation
Support the goals of economic development locally and in the state
Provide a forum for incubator managers to exchange ideas about best practices for effective operation of our incubators