The Microbusiness Enterprise Center (MBEC) was created in August 1990 as a small business incubator to provide resources and a facility to stimulate small business formation, growth, and survival.
A business incubator’s main goal is to produce successful firms that will leave the program financially viable and freestanding. Incubator graduates have the potential to create jobs, revitalize neighborhoods, commercialize new technologies, and strengthen local and national economies.
Incubators vary in the way they deliver their services, in their organizational structure and in the types of clients they serve. Incubator clients are at the forefront of developing new and innovative technologies – creating products and services that improve the quality of lives in communities around the world
The MBEC has nurtured small business growth by providing a variety of programs, resources and services. Since its inception in 1990, the MBEC has graduated several successful companies that continue to have a strong presence in the City of Albany's business community.