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Sign into your accountReal Estate Business Incubators: What they are and why you should care about them
July 20 2017
You may have heard the terms 'business incubator,' 'business accelerator,' 'venture capitalist' or 'real estate business incubator' before. But what do they mean?
Business Incubator: Also known simply as incubators, business incubators are programs that help small start-up companies overcome the initial challenges of starting and growing a business. Start-ups usually spend 1 to 2 years in incubators before they 'graduate.' Business incubators provide work space and services such as mentoring, networking opportunities, finding investors and much more. Many business incubators are government funded. This means companies that are accepted into incubation programs are often provided grants and receive workspace and services at the incubator for a subsidized cost.