National Business Incubation Association (NBIA) defines business incubation as a program that provides “management guidance, technical assistance and consulting tailored to young growing companies as well as access to appropriate rental space and flexible leases, shared business services and equipment, technology support services and assistance in obtaining the financing necessary for company growth” (NBIA,2007). In Kenya, according to Amadi (2012), there are several Universities, Colleges, and Technical Training Institutes having technology and business incubator initiatives at different stages of development. In addition, the Government of Kenya (GoK) business incubation initiatives that include the Kenya Industrial Research and Development Institute; the Kenya Industrial Estates; and the Export Promotion Zone Authority are already in operation. Then there are also several private business incubation initiatives like the Kenya Kountry Business Incubator (KeKoBi) that nurture micro and small enterprises.