The incubation period is the phase during which a startup receives support from an incubator, gaining access to resources, mentorship, and networking opportunities. This period helps startups develop their business model, refine their product, and prepare for growth.
What does a startup gain during the incubation period?
During incubation, startups benefit from resources such as office space, funding, mentorship, and access to valuable industry networks. This support helps them overcome early challenges and strengthens their foundation.
How long does the incubation period last?
The incubation period typically lasts from a few months to several years, depending on the startup’s progress and the incubator’s program structure.
How does an incubation period differ from an accelerator program?
An incubation period generally focuses on early-stage support and development over a longer timeframe, while accelerators offer intense, short-term growth programs aimed at preparing startups for rapid scaling.
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