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Understanding the Role of Business Incubators in Fostering Startup Growth

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Incubators provide supportive environments and programs to help new companies transition from idea to viable business. They offer workshops, networking opportunities, mentoring, and shared office space equipped with necessary infrastructure and facilities. This enables startups to minimize costs during the initial phase when they have limited or no revenues. https://www.coherentmarketinsights.com/industry-reports/business-incubator-market#:~:text=Business%20Incubator%20Market%20Size%20and%20Trends,5.9%25%20from%202024%20to%202031.

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