An organization that supports the growth and success of startups by providing physical and service needs, such as a physical workspace, shared facilities, guidance, and some funding. Today, many incubators play some role as an accelerator too.
Example
The following are examples of incubators.
- 65 US Biotech and Pharma Incubators
- Digital Health Institute for Transformation – Incubator specifically for companies developing remote health monitoring.
- TheraNova – Medical device incubator located in San Francisco.
- The Pink Ceiling – Led by Cindy Eckert, who started two health-related companies, her “Pinkubator” supports women-focused business ideas with funding and information.
Read More: Planning Your Research Environment