Incubation

Incubation refers to the process of nurturing and developing an idea, project, or business in a supportive environment until it is ready to operate independently. It often involves providing resources like office space, mentorship, funding, and strategic guidance to help startups grow and overcome early challenges. Think of it as creating a safe space where new ventures can develop their concepts, refine their products, and build their foundation before venturing out into the broader market. Incubation aims to increase the likelihood of success for new initiatives by offering structured support during their critical initial stages.