What Are The Role Of A Business Incubator In Business Growth - PowerPoint PPT Presentation

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What Are The Role Of A Business Incubator In Business Growth

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If you are looking for best Business Incubators in kolkata, then you should contact with Mr. Saurav Agarwal, who is a well known name in this field for many years. – PowerPoint PPT presentation

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Title: What Are The Role Of A Business Incubator In Business Growth


1
What Are The Role Of A Business
Incubator In Business Growth?
2
Importance Of Business Incubator
  • For the development of any start up business,
    Business Incubator always plays a vital role.
    Business Incubators helps new start up businesses
    by providing them office space along with other
    emergency services like telecommunication
    services, internet connectivity etc. They also
    provide administrative support services. After
    all, an incubators primary objective is to
    produce a firm more successful and financially
    strong so that they can survive on their own foot.

3
  • Business Incubation is the name given to the
    process, where in an individual or an
    organization supports the establishment and
    growth of a start-up. Those supporting the
    start-up or new companies are called business
    incubators. These business incubators see the
    growth potential and weigh the opportunity before
    supporting or funneling funds into any start-up.
    The selection of a start-up involves a high level
    of research before any decision is taken to
    support or fund a start-up. In a nutshell, we can
    say the goal of incubation is to increase the
    success chances of business.

4
Role of Business Incubator
  • They help with business basics
  • They provide Networking activities
  • They provide Marketing assistance
  • Incubators help in Market Research
  •  Incubators Help with accounting/financial
    management
  • They help in providing Access to bank loans, loan
    funds and guarantee programs
  • Incubators help with presentation skills
  • They link to higher education resources

5
Role of Business Incubator
  • They link to strategic partners
  • They provide Access to angel investors or venture
    capital
  • They organize Comprehensive business training
    programs
  • They act as Advisory boards and mentors
  • They help in Management team identification
  • They help with business etiquette
  • They provide Technology commercialization
    assistance
  • They help with regulatory compliance
  • They provide Intellectual property management

6
Choose The Right For Your Business
  • In conclusion, despite the drawbacks, incubators
    always play an important role for start-ups. All
    the start-ups may not need an incubator, but it
    is always beneficial to take the help of one.
    Also, before approaching to an Business
    Incubator, you must do extensive research on
    incubators.

7
THANK YOU
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