Defining Incubators

Project

Defining Incubators
Project Information
Has title	Defining Incubators
Has start date
Has deadline date
Has project status	Active
Subsumed by:	Ecosystem Organization Classifier
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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 shares the characteristics outlined above, but, in addition, has the following attributes:

1. Sector: Focuses on accelerating the development of high-growth, for-profit tech firms;

2. Affiliation: Affiliated with a corporation, academic institution, or for-profit organization;

3. Location: Located in the US;

4. VC-Backing: Current or potential VC funding for its startups.