An Incubator Glossary

Incubator: An organisation that helps start-ups develop in an accelerated fashion by providing them with a bundle of services such as physical space, capital, coaching, common services, and networking connections.

Accelerator: Similar to an incubator. Some accelerators claim that they are different from traditional incubators because they help in specialising in helping companies that are further along than young start-ups.

Virtual incubator: An incubator that does not provide physical space to incubatees.

Incubatee: Start-up teams or companies that are located in an incubator or are nurtured by a virtual incubator.

Graduate: An incubatee that has left the physical space of its incubator or no longer receives common services from its incubator.

Hatching time: The number of months an incubatee spends in the incubator.

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