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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. another definition... 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. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.