Friday, July 11, 2008

Why should a new business want to locate in a business incubator? Part 4 of 5

Why should a new business want to locate in a business incubator?

Most new businesses have a strength in a specific area and a great deal of passion. What they generally lack is experience in the basics of running a business and the infrastructure -the fax machines and telephone systems - to make things work. Virginia’s business incubators give these bold new companies structure, credibility, access to knowledge, infrastructure, and contacts that are necessary for the businesses to take root.

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