Mobile Collaboration

Time travel a decade back and remember the starting up a business requirements. An idea shaping into a final product with a handsome amount of investment, and then taking the product to a market with its ample demand. It was never tough to get an idea, but finding investment and market was a hard nut to crack. Also, the product manufacturing time was very high.

Welcome back to 2015, when business startup is comparatively far easier and the credit goes to specially business incubators and accelerators. These are the supporters for the businesses to shape up, perform, grow, and gain more. In other words, these are the services that help the an infant business in meeting up its needs, such as: investment, market, etc.

One can find the aim of business incubator and accelerator to be similar, and that is why these terms are, sometimes, used interchangeably. Actually there exists considerable difference in terms of their operations.

Business Incubator

Business incubators are the service provider for a business startup. They aim to create a foothold of the business in the market. Just as a new born child, business startups also require special care and friendly environment to grow into a stable business. Business incubator provides that special care and environment for a startup to flourish and learn the tactics for survival.

Business networking, management assistance, advisory, presentation skills, guidance on ways to attracting the possible finance sources, etc. are some of the…