Incubation strategy

An incubation strategy involves supporting and nurturing new business ideas or startups during their early stages. It provides resources such as funding, mentorship, workspace, and guidance to help these ideas develop into viable companies. Think of it as creating a safe environment where innovative concepts can grow, refine their products or services, and address challenges before launching independently. This approach minimizes risks for entrepreneurs and increases the likelihood of success by offering structured support during critical development phases.