business incubator

  

Definition

Facility established to nurture young (startup) firms during their early months or years. It usually provides affordable space, shared offices and services, hand-on management training, marketing support and, often, access to some form of financing.

Use business incubator in a sentence

  • We had a really good business incubator that would guide us through our early stages and make us into an established firm.

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  • I would describe a business incubator as a business that is able to continuously grow, and provide for all employees in terms of satisfaction and success.

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  • That dull brown building, nondescript to the point of barely being worth the first glance, is actually a renown silicon valley business incubator. Who knew!

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