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What are the types of business incubators

Enterprise platform type:

This type of incubator is usually led by a large enterprise, with strong capital, and does not pursue the startups to bring profits to the incubator in the early stage, but aims to bring a new model for the incubator leader in the future, and new technology for the upstream enterprises.

This type of incubator is the equivalent of a gardener cultivating a plant, giving it soil to grow in, but also monitoring its growth in real time and pruning any weaker branches. "Mentor" supervision and "training" running with a balance of advantages and disadvantages. For startups that want to take the lead and grow, it's important to think carefully about whether or not to enter the incubator.

Technology + policy type:

This type of incubator is mainly led by the capital, to provide entrepreneurs with all aspects of successful business support. From the smallest to the basic support for setting up a company: incubation space, business registration, financial accounting, talent recruitment, five insurance and one gold account, etc.; to the core support for operating a company: technical support, policy support, project counseling, capital services, etc..

This type of incubator on the screening of projects tends to AI big data, industrial interconnection, Internet of Things and other emerging technology areas of enterprises. There are strict selection conditions for incubation projects, and once selected, the incubator will provide special technical support, such as Huawei, which has more than 30 years of experience in the ICT industry. Previously, it and Xiangcheng Hi-tech Zone, Yagi Capital *** with the creation of Huawei (Suzhou) Joint Innovation Laboratory is a set of "technology, capital, policy" as one of the incubator. It is an incubator that integrates "technology, capital, and policy" to help enterprises develop in all aspects.

Open space type:

This type of incubator is in the incubator 1.0 on the basis of the packaging and refinement, pay more attention to the quality of service and brand effect, the core is the office space **** enjoy. It provides basic office space for entrepreneurs and charges rent on the basis of workstation calculation. Due to its own weak resources, in order to build its brand, the incubator strives to create an entrepreneurial ecosystem and provide entrepreneurs with an atmosphere of positive communication.

This type of incubator has a low entry threshold compared to several other types of incubators, thus attracting the participation of projects from multiple industries and creating a diverse cultural atmosphere, which is a double-edged sword. Since it is unable to focus on industry attributes, it is difficult to create a cluster effect and the linkage between projects is poor.