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Hmm. The public sector funded regional incubator is back. There were a lot of these during the Bubble.

Does "public sector" imply government funding? This looks to me like an independent non-profit. Judging by this list of donors:

http://www.jumpstartinc.org/Giving/DonorRecognition.aspx

it seems the organization is largely funded by banks and other non-profit organizations.

Are public sector funded incubators by definition doomed or is there hope that they can learn from their private sector brethren?

For startups as we use the word I'd say they're doomed. It takes some expertise to do seed-stage investing, and no one with that kind of expertise would want to work for an organization as bureaucratic as this kind of thing would inevitably be.

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