Incubator

Term Main definition
Incubator
An organization or facility designed to host, nurture, and assist start-up companies (including business concepts and new technologies) to the point that they become attractive to professional management, angel investors, and even venture capital funds. An incubator typically provides both physical space and many (shared) back-office/administrative services, as well as access to basic legal, accounting, technical and other support services. Incubators typically charge both a fee and a percentage of the equity (or equity upside) for these services.