Effect of Business Incubator Services on Performance of Business Ventures at Nairobi Incubation Lab, Kenya

This study aimed to examining the effect of business incubation services on performance of businesses ventures at Nairobi Incubation Lab (NaiLab), Kenya. The study employed correlation research design. The population of study encompassed all business ventures at Nairobi Incubation Lab (NaiLab). Data was collected by use of structured questionnaires that were issued by the researcher and collected later for analysis. Both descriptive and inferential statistics were used. Descriptive analysis such as mean, frequencies and standard deviation were used to describe the independent and dependent variable while inferential analysis (correlation analysis) were used to test the relationship between business incubation services and performance of business ventures at different stages of incubation. Hypothesis testing was also carried out using one way ANOVA. The major findings of the study are that physical infrastructure, Networking, business management and positively correlated with performance of business ventures. The study concludes that business incubation services should be provided in variety to improve business performance.