We will find below that what all actions are undertaken by a start up incubator to help you get started in life.
The primary purposes of incubators are to create, advice, and/or foster new startups rather than to be a source of investment capital.
They collect rent and hence do not necessarily acquire equity stake in the startup.
Incubators provide:
- Infrastructural support i.e. office space, meeting room
- Platform for networking
- Other support services, specific to incubators
- In short: If you have the idea, need a space to operate, are willing to have co-workers and are in need of a little investment, try reaching out to an incubator.