Industrial Incubators: Creating new business from industrial companies

The purpose of this paper is to give a description of SIVAs cooperation with larger industrial companies in industrial incubation, and how SIVA works to identify industrial commitment. In Norway industrial incubators has become an effective tool for establishing new companies and to diversify, restructure and revitalize established industry. The national Program for Industrial Incubators was established in 2004, and is operated by SIVA. This paper describes three cases of various industrial incubators before giving an overview of key elements in development of industrial incubation. It will also show how SIVA uses an alignment process to secure industrial commitment, described through a model of four content elements of the alignment process. The paper will be summed up with some concluding remarks on lessons learned.