Business Incubation

What is a business incubator? A business incubator is a place that supports small businesses during their beginning stages. They provide the necessary support and financial and technical services. 

Other benefits include office space that is offered below market rates, secretarial services, and shared office equipment that reduces everyone’s overhead and operational costs.  

According to the National Business Incubation Association, there are about 900 business incubations nationwide! 

The Advancement Foundation has a business incubation center called The HIVE (Home of Innovative and Visionary Entrepreneurs)! Check out more details about The HIVE here.

Information from Entrepreneur.com