This guidebook describes opportunities for the participation of postsecondary technical institutions in the economic and entrepreneurship development of urban, suburban, and rural communities. Section 1 describes the organization and format of the guidebook. Section 2 suggests these strategies for establishing a business incubator: organizational and funding schemes; operational rules; business financing; consulting service; and networking opportunities. Section 3 outlines suggestions to offer education and training opportunities in business incubation, including early assessment of the psychological preparation of individuals, course design, and instructional formats. Section 4 describes other opportunities to participate in community development, including business consulting services, specialized training and demonstration services, facilitation of international trade, and assistance in technology transfer and development. Section 5 examines six strategical areas in the involvement of two-year colleges in developing education and training curricula on entrepreneurship: structure of coursework, content development, instructional approaches, use of business plans, fostering an understanding of global competition, and curriculum options. Section 6 presents three recommendations for a productive school-to-work transition: exposing students to business environments, providing hands-on Appendixes contain 18 references and 13 sources of support. (YLB)