What is business innovation incubation ?

Business innovation incubation is a process in which a company or organization provides support, resources, and guidance to help entrepreneurs and startups develop and launch new products, services, or business models. This support can include access to funding, mentorship, networking opportunities, and physical workspace. The goal of business innovation incubation is to help new ventures grow and succeed by providing them with the tools and support they need to thrive in the competitive business landscape.