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What
is Business Incubation?
Business
Incubation is a proven economic development tool which accelerates
the success of startup companies by making available an array of
business services which are customized to each tenant company by the
incubator's management. Incubation has as it's goal the graduation
of viable, free-standing companies into the local business
community.
How
Does Business Incubation Work?
The
process of business Incubation is made up of these 5 major
categories:
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Management
guidance |
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Assistance
with obtaining financing |
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Business
planning |
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Technical
services |
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Marketing
help |
Why is
Business Incubation Needed?
Business
Incubation: a best value in economic development
Business
Incubators as Economic Development Engines
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