What is a business incubator?
Business incubators offer shared space, services and equipment. This type of environment helps new firms at a time when they are most vulnerable by allowing business owners to direct more resources toward the establishment or growth of the business. Incubators offer affordable shared services, access to office equipment and technology, flexible leases and room for expansion. Readily available resources, mentors and networking opportunities allow business owners to create a solid foundation and prepare for the move into their own facility.