business incubation process

Business incubation is a systematic process designed to help new businesses grow and succeed. It typically involves providing resources like office space, mentorship, funding, and networking opportunities. Incubators support entrepreneurs in developing their ideas into viable products or services through guidance, training, and access to market knowledge. This nurturing environment helps reduce risks and increases the chances of long-term success. In essence, business incubation is about fostering innovation and entrepreneurship by equipping startups with the tools and support they need to thrive.