I was reading posts this Sunday morning and I realized that I have only heard one person mention "Business Incubators," and that was Lighthouse. There have been a grand total of three mentions of Business Incubators with little or no discussion as to what they are.
Here is a definition:
Business incubation is a business support process that accelerates the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services. These services are usually developed or orchestrated by incubator management and offered both in the business incubator and through its network of contacts. A business incubator’s main goal is to produce successful firms that will leave the program financially viable and freestanding.
It got me to thinking:
Why don't more businesses work with Incubators?
Has anyone tried?
If not, why not?
Thoughts?
Here is a definition:
Business incubation is a business support process that accelerates the successful development of start-up and fledgling companies by providing entrepreneurs with an array of targeted resources and services. These services are usually developed or orchestrated by incubator management and offered both in the business incubator and through its network of contacts. A business incubator’s main goal is to produce successful firms that will leave the program financially viable and freestanding.
It got me to thinking:
Why don't more businesses work with Incubators?
Has anyone tried?
If not, why not?
Thoughts?

