It is an organization designed to accelerate the growth and success of entrepreneurial
companies through an array of business support resources and services like providing
physical space, capital, coaching, common services and networking
how it help to start up?
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A business incubator is an organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services like providing physical space, capital, coaching, common services, and networking.
Explanation:
A business incubator is a non-profit organization that helps startup companies to expand and provides services such as training in management and office space to assist new businesses to grow. Their office and manufacturing facilities are offered at below-market prices, and their staff provides invaluable guidance and expertise in building company and marketing plans, as well as assisting with business financing.
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