Question

Which of the following are resources or services that business incubators provide start-up companies? (check all that apply.)

o employees
o business
o services
o physical space
o funding

Answer 1

Business incubators support startups by providing physical space, funding opportunities, and various business services. They facilitate connections with investors like angel investors and help with essential business functions but do not supply employees directly. Option 4 is correct.

Step-by-step explanation:

Business incubators are organizations designed to accelerate the growth and success of startup and early-stage companies. They provide a range of resources and services to assist these companies in becoming viable, self-sustaining businesses. Among the resources typically offered by business incubators, the following are commonly included:

Physical space: Offering office space, manufacturing facilities, or laboratories.

Funding: Connecting startups with potential investors like angel investors, venture capitalists, and sometimes providing direct financial support such as grants or loans.

Business services: Providing access to business services such as accounting, marketing, legal advice, and technology support.

It's important to note that while business incubators might assist with networking opportunities that could lead to staffing solutions, they generally do not provide employees directly to the startup companies. Instead, they facilitate the development of the companies so that they can grow and hire their own employees.