Incubator Zones
Incubator Zones
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Incubator zones are designed to encourage entrepreneurship by providing business support services and technical assistance. They primarily cater to start-up businesses or other businesses that are not well established. The exact services that are provided by incubator zones vary, but they generally provide a variety of business support services. Businesses are generally required to apply in order to become part of an incubator program. Acceptance is based on a variety of factors, including the nature of the business and the quality of the potential entrepreneur's business plan.
History of Incubator ZonesAccording to the National Business Incubation Association, the first incubator zone in the United States was the Batavia Industrial Center. It opened in 1959 in Batavia, New York. By the late 1970s, incubator zones became more ...
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