Define: Incubator

UK Accounting Glossary

Definition: Incubator



What is the dictionary definition of Incubator?

Dictionary Definition


An incubator is anything that performs or facilitates various forms of incubation.


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Full Definition of Incubator


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.


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Incubator. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 https://payrollheaven.com/define/incubator/.
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Incubator. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/incubator/ (accessed: April 02, 2020).
American Psychological Association (APA):
Incubator. PayrollHeaven.com. Retrieved April 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/incubator/

Definition Sources


Definitions for Incubator are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February 2020.