Peep Peep
In a business climate where the line between laying the golden egg and becoming poultry is a fine one, can an incubator provide the help you need?
By Cynthia Harrington •
Opinions expressed by Entrepreneur contributors are their own.
NASDAQ paints a picture that, at times, is grim; at others,uplifting. But there's no doubt: Tech companies that wereriding a huge wave of prosperity just one year ago are now tryingto plan for the erratic ebb and flow of a slightly less confidenteconomy. Does that mean potential dotcoms have decided to wait forthe next big wave? Hardly. Internet start-ups are still popping upin large numbers, and fueling those businesses are investorswanting to get in on the game. One of the fastest-growing areas ofinvestment is the incubator.
As the name implies, start-up companies still in the"egg" come to incubators to get hatched. Armed withnothing but their experience and an idea, entrepreneurs can be inbusiness overnight if selected by an incubator company.Entrepreneurs who would have started out in the garage can nowstart their companies in fully furnished offices with phone linesand servers, some cash if needed and high-level mentors just downthe hall.
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