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TeachMeFinance.com - explain Incubator incubators -- Incubators encourage entrepreneurship and
minimize obstacles to new business formation and growth, particularly
for high technology firms, by housing in one facility a number
of fledging enterprises which share an array of services.
These shared services may include: meeting areas, secretarial
services, accounting, research library, on-site professional
and management counseling, and computer word processing facilities.
Incubator -- A facility designed to encourage entrepreneurship and minimize obstacles to new business formation and growth, particularly for high technology firms, by housing a number of fledgling enterprises that share an array of services. These shared services may include meeting areas, secretarial services, accounting services, research libraries, on-site financial and management counseling and word processing facilities.
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