Definition of Business incubator:
Something which facilitates the growth of businesses; (in later use) specifically a professional service that facilitates the growth of new businesses by providing resources, support, and advice.
Facility established to nurture young (startup) firms during their early months or years. It usually provides affordable space, shared offices and services, hand-on management training, marketing support and, often, access to some form of financing.
How to use Business incubator in a sentence?
- That dull brown building, nondescript to the point of barely being worth the first glance, is actually a renown silicon valley business incubator . Who knew!.
- We had a really good business incubator that would guide us through our early stages and make us into an established firm.
- I would describe a business incubator as a business that is able to continuously grow, and provide for all employees in terms of satisfaction and success.
Meaning of Business incubator & Business incubator Definition