Business Incubation Impact


Number of Business Incubation startups


Number of startups still connected to their incubators


Funding generated by Business Incubation startups

Important Dates

June - August
30 - 04
Application window for 2022 GIST Ukraine Business Incubation
October - April
01 - 02
GIST Business Incubation Ukraine Approximate Program Period
GIST Business Incubation Bhutan Begins

Business Incubation Overview


GIST Business Incubation brings together the best international science & technology innovators and American businesses to increase cross-market access and to create opportunities for collaboration. While in residence at incubators across the United States, entrepreneurs have opportunities to make connections with the local entrepreneurial ecosystem and build business relationships for potential partners and investors. GIST Business Incubation also helps American businesses gain awareness of global entrepreneurs, innovations and markets.

Happening now!

GIST is currently running two new Business Incubation programs: one specifically designed for citizens of Ukraine and one specifically designed for citizens of Bhutan.

Coming soon!

In the coming year, we will launch another Business Incubation program designed for any citizen of the more than 130 countries GIST works in. For more information, check back here or sign up for our newsletter to be sent program updates directly to your inbox.

Business Incubation Success Stories


Vamekh Kherkheulidze of Elven Technologies

Elven Technologies is a high-tech personal protection equipment (PPE) company. Our first product is a technologically-advanced full body fire-proof suit with a cooling system to keep firefighters safe in the line of duty and help save lives.

Rituparna Das of Hydrotech Solutions

Hydrotec Solutions Private Limited has designed a Smart water ATM Kiosk that purifies and dispenses clean drinking water on pay per use basis, using sustainable energy.

Yakau Buta of StringersHub

StringersHub is a marketplace that connects stringers—freelance videographers and eyewitnesses—and media outlets, globally. Top media outlets can purchase “hot” material from these stringers.

Participating Incubators


The following incubators participated in the 2019 program:

TechTown Detroit - Detroit, Michigan, USA

Purdue Foundry - West Lafayette, Indiana, USA

mHub - Chicago, Illinois, USA

University of Colorado, Colorado Springs, Colorado, USA

Center for Entrepreneurial Innovation - Phoenix, Arizona, USA

University of Arizona Center for Innovation - Tuscon, Arizona, USA

The Station - Houston, Texas, USA

DuBose and DuBose - Cleveland, Ohio, USA

University of Memphis Research Foundation, Research Park- Memphis, Tennessee, USA

Project UK - Kansas City, USA

GIST Business Incubation | Resources

Business Incubation Breaks New Ground

A cohort of founders from Bhutan is soon beginning their entrepreneurial journey in the United States, building experience and gaining insights that will take their ventures to the next level. 

Business Incubation Innovator Receives Highest Award

Business Incubation participant Alyona Glushko who spent three weeks at the Center for Entrepreneurial Innovation in Phoenix, AZ, developed a novel innovation for heart safety.

Global Entrepreneurs Conclude Business Incubation Program

The GIST Business Incubation Showcase and Reception held on November 21 at the Halcyon incubator in Washington, D.C. included networking and pitches in front of investors and U.S. business experts. 

Behind the Scenes of the First GIST Business Incubation Program

Nearly 30 innovative science and technology entrepreneurs representing startups from emerging economies worked at 10 U.S.-based incubators to learn how to expand their businesses into the United States market. 

Ukrainian Innovation Rises to The Challenge

GIST has supported Ukrainian innovation across multiple fronts, including direct support of multiple Innovation Hubs spread throughout the country, as well as supporting Ukrainian innovators in attending global ecosystem events. 

Business Incubation Past Activities

Get a behind-the-scenes look at the 2019 Business Incubation program here. Learn more about the entrepreneurs participating in the program here.

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