Tuesday, July 8, 2008

What is VBIA and business incubation? Part 1 of 5

This is the first part of a five-post series that will educate and describe VBIA and the opportunities of incubators.

What is business incubation?
Incubators nurture young firms, helping them to survive and grow during the start-up period when they are most vulnerable. Incubators provide hands-on management assistance, access to financing, and exposure to critical business or technical support services. They also offer entrepreneurial firms shared office services, access to equipment, flexible leases, and expandable space — all under one roof.

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