Factors to consider when selecting business incubators


An entrepreneur seeking services of an incubator must consider the following:

  1. Space and services

One should check on the charges for the space and services offered

  1. Quality

The incubator should offer quality services and understand your business idea/need. They should further offer success to variable contacts and networks.

  1. Success rate

Check on their track record and experiences. They have heard before and the reactions of their current and former clients

  1. Procedure and policies

Check on their procedure flexibility and of one can move out if it fails

  1. The management

Who are the managers incubating or does the programmer appear to be well managed.

  1. Skills, experiences and knowledge of know how

Is the incubator qualified in the areas of operation in the business and does if have qualified and competent staff.

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