Startup incubators (Business incubators)

Like accelerators, incubators are also specially designed programs to support businesses in the early stages of business. However, unlike accelerators, incubators provide more nurturing and long-term support. For example, Villgro, IAN incubator and more.

Advantages of business incubators: 

• Access to network connection of incubator.
• Long-term and customized support.
• Availability of co-working space facility.
• Focus on product development.
• Proper training, workshops and other resources to groom required skills.

Disadvantages of business incubators: 

• Relaxed environment which may instil a feeling of comfort limiting growth factors.
• In certain cases, incubators offer only services, but the company may need to arrange funding independently.
• May require to give higher equity in return.