Entrepreneurship by the Numbers

Number of new businesses created per month in the U.S. in 2006: 465,000

Percent of all firms graduated from National Business Incubation Association (NBIA) member incubators, of which VT KnowledgeWorks is a member, still in business: 87

Percent of new firms in the general population that survive at least two years: 66

Percent of new firms that survive at least four years: 44

Number of Virginia Bioinformatics Institute denizens ready for start-up business incubation at VT KnowledgeWorks, according to Associate Director Dr. Otto Folkers: "Three, maybe four."

Number of pages an entrepreneur with an idea would fill out to request a consultation with business incubator VT KnowledgeWorks: 2

Sources:

Kauffman Index of Entrepreneurial Activity, 1996-2006

"Comparing Stats on Firm Survival," NBIA

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