Business incubation refers to the programs designed by the organizations to help the entrepreneurial organizations. The management of the incubators help these budding enterprises by supplying them the required service and resources. They also provide the required support.
Some of the services and resources are
- Finance
- Coaching, training, mentoring
- Physical space
- Networking with others
- Common services
These incubator vary depending on
- the enterprises they support
- their organizational structure
- type of service and support they provide