Incubator / Business incubator / Incubation
Business and technology incubators provide office space, a complex service portfolio, professional and business support, as well as investment and a global network of contacts for start-up undertaking startup businesses.
Incubation and the incubators that perform it a startup ecosystem within basically the in the early investment phase being innovative for startups are recommended. (The later phase, already with a largely working product obsession with a prototype for startups with accelerators services are primary.)
Since usually the when founding a company only a few people work in the start-up business, therefore there are many areas in the operation in which - unlike a with family and friend financing – an incubator can help a lot. An example is the office service, which startups get at a favorable price, financial and accounting assistance, legal and regulatory background support.
In addition, incubators provide advice on business development, business etiquette and management coordination, mentoring within its framework, the startups' presentation skills are developed, and they are connected to the appropriate investors and strategic partners.
For the rapid growth of the company, their entire network of contacts are made available to startups. Through their international experience and connections, they help build successful companies from start-up businesses they consider worthy. To become enterprises that are able to appear on international markets, grow rapidly and are suitable for further for venture capital investments.
Incubators often place a significant emphasis on community building and organize monthly or even weekly gatherings, lectures and other programs. Many incubators invest in businesses in such a way that they ask for an ownership stake in exchange for infrastructure and the above-mentioned services. Life cycle in a company at the very beginning.
Last edited: October 8, 2022