Business incubators
Business incubators are also called accelerators. These are special projects that are aimed at training newcomers to business. After completing the course, you will learn how to analyze the market. You will understand what promotion concept and business model to choose for your product, and also meet people who can help you implement the project. During the training, you can find your first clients. If you are looking for someone who wants to invest in a business, you can receive offers at the end of the course.
Business incubators
When studying at the stockholder data package accelerator, aspiring entrepreneurs can receive support already at the stage of developing a business idea. Curators will provide assistance up until the stage of the enterprise entering the market. Startuppers from any field can get into the project.
Business incubators usually recruit for training 1-2 times a year. To become a course participant, you need to follow the latest news about the project. To become one of the students, you need to fill out a questionnaire on the accelerator website and pass an interview. Both a commercial and a government institution can act as organizers.
The most famous examples of Russian business incubators are HSE Inc, the Ingria business incubator, the Zhigulevskaya Dolina technology park, etc.
A budding businessman can receive within the framework of the project:
Office space or rent discount.
Consulting assistance in various areas of business.
Organization of advertising campaigns, participation in exhibitions and publications in the media.
Equipment, as well as access to the necessary software.
Support in finding investors.
Legal support for business.
Accounting support.
Different business incubators offer different range of services for aspiring entrepreneurs. Before you become a participant in a project, find out what exactly you will receive during its implementation.
Advantages of accelerators:
They offer different business service packages from which you can choose the one you need.
They provide an opportunity to save money on renting office space.
They provide assistance in finding those who are ready to invest in business.
They help with advertising, which makes it possible to find the first customers.
They teach you how to navigate the market.
They offer the opportunity to participate in the project to university students.
Disadvantages of accelerators:
It is difficult to become a participant in the project.
Not every project has specialists in the required field.
You will have to talk about your business idea, which means there will be a possibility of plagiarism.
Classes are held according to a pre-arranged plan, which may not correspond to your rhythm of life.