Incubators minimize obstacles to new business formation and growth by housing a number of fledgling enterprises that share an array of services. Shared services may include meeting areas, secretarial services, accounting services, research libraries, word processing facilities and on-site financial and management counseling. Some incubators help find seed capital and venture capital.
Incubators offer encouragement and support.
Incubators have a good track record of helping new businesses launch successfully.