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World Rankings of Business Incubators and Accelerators 2021 - 2022

Released at the World Incubation Summit in Ghent, organized by UBI Global and hosted by imec and imec.istart. The World Rankings Report 2021-2022 includes ranking and recognition of more than 40 private, public, and university-linked Business Incubators and Accelerators worldwide.

May 2023
Joshua Sowah


World Rankings of Business Incubators and Accelerators 2021-2022

UBI Global is proud to present the Rankings and Recognitions Report derived from the World Benchmark Study 2021-2022. The Rankings and Recognitions were initially presented online during the World Incubation Summit 2021-2022 Part 1 and updated during the World Incubation Summit in Ghent.

UBI Global conducted the study to include university-linked incubators and accelerators as well as public, private, and corporate programs. The programs were divided into sub-groups according to their affiliation with corporations, public, private, and universities as these programs have unique goals and structures. The assessed programs were compared by utilizing 21 key performance indicators (KPIs) that form the base of the subcategory scores. These scores are used to calculate the individual program impact and performance scores for all benchmarked incubators and accelerators in their own subgroups.

The World Benchmark Study has two main phases: the Benchmark Report, which will be published in May of 2023, and the Ranking and Recognition announcements and Report. The benchmark phase enables individual incubation programs to compare their own impact and performance with global and global top average reference groups. The rankings and recognition phase highlights top-performing programs and the reasons for their exceptional achievements.

Further examination of these cases uncovers best practices that can help other programs to become more efficient, effective, and competitive. The Rankings and Recognitions found in this report raise awareness of the impressive work being done at business incubators and accelerators around the world and encourage the further integration of the global incubation ecosystem.