Business Incubation and Acceleration
The incubation period refers to the timeframe during which a startup or entrepreneurial idea is nurtured and developed within a supportive environment, typically provided by an incubator. This phase is crucial for transforming initial concepts into viable business models, where mentorship, resources, and networking opportunities are leveraged to accelerate growth and innovation. The length and structure of the incubation period can vary based on the specific needs of the startups and the goals of the incubation program.
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