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Questions

About Business Incubator / Questions

What are business incubators?

Business incubators nurture the development of entrepreneurial companies, helping them survive and grow during the start-up period, when they are most vulnerable. These programs provide their client companies with business support services and resources tailored to young firms. 

 

How many business incubators are there?

In Russia not many BI

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Who sponsors business incubators?

Incubator sponsors –  individuals who support activities BI

 

How do incubators help start-ups get funding?

Incubators help client companies secure capital in a number of ways:

 

  • Managing in-house and revolving loan and micro-loan funds
  • Connecting companies with angel investors (high-net-worth individual investors)
  • Working with companies to perfect venture capital presentations and connecting them to venture capitalists
  • Assisting companies in applying for loans

 

How do incubators contribute to local and regional economies?

Incubator graduates create jobs, revitalize neighborhoods and commercialize new technologies, thus strengthening local, regional and even national economies.

 

What is UP business incubator?

The UP is the  leading organization advancing business incubation and entrepreneurship. Each year, it provides  professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. And help existing companies to grow.

 

What is UP’s mission?

BI UP  increase entrepreneurial success. To accomplish this mission, UP serves as a clearinghouse of information on incubator management and development issues. The association engages in many activities that support members’ professional development.