UK Accounting Glossary
An incubator is anything that performs or facilitates various forms of incubation.
An incubator is an organization that helps a start-up business grow. The incubator typically provides office space and access to shared office equipment and resources. Other incubator services for start-ups may include financial and technical expertise, fundraising assistance, and any other service that might be of use to the typical target start-up. The incubator can be a non-profit or a for-profit entity, but most are non-profit. Many institutes of higher learning fund and affiliate with a non-profit incubator that helps students and researchers commercialize new products and services that (often) originate within the educational institution. A business incubator might also be designed to help new businesses thrive in an economically distressed area. The for-profit incubator may affiliate with, or also be, a venture capital firm. The non-profit incubator typically charges a fee; the for-profit incubator will often demand an equity stake. The National Business Incubation Association’s (NBIA) membership roster can be helpful in finding an incubator.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Incubator are sourced/syndicated and enhanced from:
This glossary post was last updated: 9th February 2020.