Startup Incubation 

Startup Incubation is a structured support program designed to assist early-stage startups in refining their business ideas, building prototypes, developing their business models, and preparing for market entry. Incubators typically provide office space, mentorship, networking opportunities, legal and financial services, and access to investors — often in exchange for a small equity stake or membership fee. 

Unlike accelerators (which focus on scaling existing products quickly, often over 3–6 months), incubators help startups in the ideation and early development stages, nurturing them over a longer period (often 12–24 months) until they’re ready to launch or raise external funding. 

Examples of services offered by incubators: 

• Business plan development support 

• Prototype or MVP assistance 

• Legal and accounting advisory 

• Mentorship from industry experts 

• Access to local investor networks