Defining Incubators
Defining Incubators | |
---|---|
Project Information | |
Has title | Defining Incubators |
Has start date | |
Has deadline date | |
Has project status | Active |
Subsumed by: | Ecosystem Organization Classifier |
Copyright © 2019 edegan.com. All Rights Reserved. |
Incubator Definitions
Common Definition of an Incubator
-An incubator generally refers to an organization with the following characteristics:
1. Purpose: supports startups entering the beginning stages of building their company;
2. Duration: operate on a more open-ended timeline with a greater focus on the longevity of a startup than the speed of its growth;
3. Application Process: Generally less selective, competitive admission process than for an accelerator;
4. Resources: Provides firms with workspace, mentorship, and other resources;
5. Investment in Startups: Generally does not take an equity stake in the companies they support. More information
Our Definition of an Incubator & its Characteristics
-An incubator for this project refers to an organization with the following characteristics: 1. Focuses on accelerating the development of high-growth, for-profit tech firms; 2. Affiliated with a corporation, academic institution, or for-profit organization; 3. Located in the US; 4. Current or potential VC funding for its startups.