Thank you for the opportunity to help you with your question!
Business incubator are organizations advanced toward speeding up the growth and success of startup and early stage companies. They’re most of time a good path to capital from a state governments, angel investors, ,economic-development coalitions and other investors.
To starting our own business this way depends on Incubators which can vary in their strategies. Some are located in an actual physical space meant to foster networking among entrepreneurs and their coaches. Others operate on a virtual basis.
Advantages: The business not only gets access to a potential buffet of capital choices, but also a host of intangible benefits including mentor-ship, expertise and networking.
Disadvantages:The very benefits that can make incubators so useful -- constant mentorship and networking with entrepreneurs -- can damage our focus during crucial early stages.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Nov 11th, 2015
Did you know? You can earn $20 for every friend you invite to Studypool!