Bill would provide incubator grants

LAKE BUENA VISTA, Fla. - Hoping to spur more entrepreneurial development and innovation, Rep. Suzanne Kosmas, D-Fla., has announced proposed legislation to provide business incubators with federal grants to help them get small companies off the ground. She unveiled her plan during a luncheon address at the National Business Incubation Association convention taking place just outside Orlando. Kosmas said her bill would boost incubators across the country by establishing a national Early-Stage Fund. Nearly 600 people from 41 countries attended the convention that ended Wednesday. (Source: Florida Today, 05/18/10) Note: The Mississippi Enterprise for Technology is a business incubator at Stennis Space Center, Miss.