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::* Access to Resources - capital, internet
::* Networking - within the community, with other entrepreneurs
 
 
 
==Small Business Administration Definition of an Incubator==
 
According to an academic paper titled, [https://www.sba.gov/sites/default/files/rs425-Innovation-Accelerators-Report-FINAL.pdf ''Innovation Accelerators: Defining Characteristics Among Startup Assistance Organizations''], written for the SBA, this term refers to an organization with the following characteristics (pg. 10):
#''Clients:'' varied client companies, can be from various industries
#''Selection Process:'' has a competitive selection process, mostly from local community
#''Duration:'' longer period of involvement with companies, can range between 1 and 5 years
#''Services:'' Access to management/consulting, intellectual property, and networks of entrepreneurs. Helps entrepreneurs develop skills for management and running a busineses
#''Investment:'' Generally, does not take equity and does not invest directly in the company
[[File:VennDiagram.png| frameless|Venn Diagram of incubators and accelerators]] Venn Diagram from pg.14 shows overlap and distinct qualities of incubators and accelerators
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