Business Incubator

A business incubator is a company or organization that helps new businesses to grow and develop. The business incubator can be a private profitable company, a non-profit company, or a government organization. An organization of this nature provides assistance in the form of academic training or other forms of learning, property development, venture capital or a combination of these services.

What Does a Business Incubator Do?

A business incubator is specifically aimed and new start-up businesses. By offering advice, assistance, and information on products or services that promote the development of small businesses, the business incubator encourages development in this sector of the economy.

An organization that is aimed at developing small businesses will often encourage networking opportunities for the small business owner. This can take the form of seminars, online forums or trade fairs aimed at connecting small businesses with one another and with established large corporations.