10 Start-up Incubators to Watch
Michael Gaiss, a senior vice president at Highland Capital Partners, decided in 2007 that an in-house incubator might be an ideal way for investors to acquaint themselves with next-generation entrepreneurs. The program took a hiatus last year, but has returned this summer to host 11 teams spread across locations in Boston and the San Francisco Bay Area. The incubator has accepted applications from companies with a variety of different ideas in past years, but decided to narrow its scope to technology companies this round. Teams of two-to-four members receive $15,000, along with office accommodations from early June through the end of August.