Why a university requires business incubators?
Business incubators created with the help of the university work very closely with the host institutes and establish new forums for idea exchange on campus and initiate strategic partnerships between academia and industry.
Incubators connect students to successful start-ups, seasoned investors, and several other collaborators they might not otherwise encounter.
Business incubators at universities and colleges provide a community, resources, and the physical environment essential to fostering entrepreneurial exploration.
Depending on the stated purpose and mission, incubators may offer co-working or maker spaces, conference rooms, labs, cafes, concierge services, and mentoring staff.