What Is an Incubator?
An incubator is an organization that supports the growth of early-stage businesses by providing resources, mentorship, and networking opportunities. It helps entrepreneurs refine ideas, develop products, and prepare for market entry.
Key points:
- Shared office space and administrative support.
- Access to mentors, industry experts, and investors.
- Sector-specific programs in areas like tech, healthcare, or clean energy.
- Structured guidance to reduce startup risk and accelerate growth.