Paypal, Microsoft & Qualcomm Backing Startups

3 major corporations – Microsoft, Paypal and Qualcomm are to launch business incubators for start up firms, providing guidance and development assistance to each company taken on.

However, if you’re in the UK, don’t get too excited because the locations of the incubators are to be Boston (Paypal) and Rio (Microsoft).  More can be seen on the Inc site.