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The Boston Globe

Business

Tech incubators taking root around area

A growing number of incubators is helping the latest generation of technology companies take wing

Namib Beetle Design aims to use nanotechnology to collect water in the desert. Ovuline uses algorithms to help couples find the optimal time to get pregnant. And Fashion Project is looking to create an online marketplace for used designer clothing.

These start-ups, sharing a floor of a Kendall Square high-rise, are part of a program known as TechStars, a so-called accelerator that provides promising young companies with office space, high speed Internet, and other support, including money, in exchange for a small stake in the firms. Launched in Boston in 2009, TechStars this year more than doubled the enrollment in its program to 26 from 12 last year, with the goal of helping more early-stage companies make it to older age.

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