Definition Business Incubator. Description.
A Business Incubator is an innovative, supporting organization
designed to accelerate the growth and success of a
Start-up Company or an
entrepreneurial firm at
the beginning of its existence. They can be seen as a special form of
Outsourcing, supporting a
Virtual Business. They can
offer a broad spectrum of services to entrepreneurs with a feasible idea,
typically:
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Office space and facilities.
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Administrative services.
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Legal services.
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Technical and IT support.
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Management assistance.
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Marketing support.
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Assistance in making a business plan.
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Financial assistance. Accounting.
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A network of people and organizations.
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Other incubators.
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Universities and research institutions.
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Consultancy firms.
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Seed capital, venture capital funds, business angels,
banks.
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Government agencies.
They may be for-profit (private incubators) or non-profit
(public incubators) and may specialize in a particular industry or
not.
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Business Incubators Special Interest Group
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Compare with:
Feasibility Study |
Blue Ocean Strategy
| Entrepreneurial
Organization |
Disruptive Innovation
| Twelve
Principles of the Network Economy |
Innovation Adoption
Curve |
Bass Diffusion Model
| Marketing Mix |
PEST Analysis |
SWOT Analysis
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Business Incubators Sponsor
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Special Interest Group Leader
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All you need to know about management
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Management Smart Card
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