Incubator, English for incubator, originally refers to the special equipment for artificially incubating poultry eggs. Later, economic services were introduced to guide these enterprises to successfully market their products or services with little or no help.

Business Incubator, also known as High-tech Entrepreneurship Service Center in China, provides a series of service support by providing physical space and infrastructure for newly established small and medium-sized scientific and technological enterprises, thus reducing the risk and cost of entrepreneurs' entrepreneurship, improving the success rate of entrepreneurship, promoting the transformation of scientific and technological achievements and cultivating successful enterprises and entrepreneurs.

It is called the breeding center of Taiwan Province Province and the innovation center of Europe.

Extended data:

Dr. Li of Northern Jiaotong University divides the services provided by business incubators in China into the following four categories:

(1) General services, including venues and commercial facilities;

(2) Management consulting services, including general business agency services, strategy formulation, management system, human resource management system, market analysis, professional knowledge training, etc. ;

(3) Investment and financing services, including assisting in obtaining government funds, applying for secured loans, directly investing in enterprises, and combining with venture capital;

(4) Professional technical services.

Investment service is one of the core service functions of incubator.

References:

Baidu encyclopedia-business incubator