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Public Incubator
Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and Office space planning, office space and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; Nonprofit organization, non-profit development corporations; Business, for-profit Real estate development, property development ventures; List of venture capital firms, venture capital firms, and a combination of the above. Business incubators differ from research and technology Industrial park, parks in their dedication to Startup company, startup and early-stage companies. Research and technology parks, on the other hand, tend to be large-scale pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Companies
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
