Seven types of business incubators;
1. Mixed portfolio business incubators
-This targets high growth firms in a range of sectors and exists environments with little entrepreneurial activities.
2. Technology business incubators
-Targets high growth technology firms. It requires technology and human capital infrastructure.
3.Business incubators with university relationships
-Academic institutions have a role as a founder and is a source of resources such as research, expertise, space and or funds.
4. Agri-business incubators
Uses entrepreneurship and innovation as a mechanism for social impact. This focuses on socially valuable products and services.
Incubators may also fall into two general categories:-
- Technology - focusing on commercializing of new technology and technology transfer.
- Mixed use - servicing a wide range of clients.
marto answered the question on January 30, 2019 at 08:48
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