Business Incubator

A business incubator is an organization designed to support new businesses, often startups, by providing resources and services to help them grow. These resources can include office space, mentorship, business training, networking opportunities, and access to funding. The goal of an incubator is to enhance the chances of success for emerging companies by fostering an environment that encourages innovation and reduces risks. Incubators often focus on specific industries and may be affiliated with universities, government, or private organizations, helping entrepreneurs take their ideas from concept to a viable business.