A national survey examined the collective experiences of entrepreneurs, business incubator managers, and postsecondary institutions involved in educational and training strategies aimed at fostering entrepreneurship. The sample included incubators sponsored by universities (n=75), two-year colleges (n=25), and other sources (n=100). The survey also targeted 400 clients of incubators. Questionnaires were returned from 40 percent of incubator managers and 45 percent of incubator clients. Results showed a limited contribution of two-year colleges in business incubation; they appeared to be providing primarily commercial space at low cost and clerical support to entrepreneurs rather than consulting services and strategies aimed at fostering entrepreneurship. Although incubators sponsored by two-year colleges appeared to be supporting a slightly more diverse population of entrepreneurs in comparison to university-sponsored incubators, both managers and in-house clients were predominantly represented by Caucasian males. Five entrepreneurial characteristics were identified by managers and entrepreneurs: personal characteristics, technical preparation, business and management skills, entrepreneurial vision, and interpersonal skills. The contribution of two-year colleges to the business and technical preparation of entrepreneurs was disproportionately low in comparison to the contribution of four-year colleges and graduate schools. (Appendixes include 30 references and the survey instruments.) (YLB)