The Economic Impact of the world we currently live in, there is a business world that sees technological innovations and the continuous social change imposed by globalization as an opportunity to acquire knowledge and satisfy a new, previously unmet need. Change requires new demands, and these necessarily require the implementation of new ideas; new ones. Individuals who, confidently committed to innovation, present new products and services tailored to technological innovation. It rare that these entrepreneurs, born to meet needs, end up becoming a need to resolved.
But this controversial fact is what we are analyzing. It has long understood that entrepreneurs were individuals who, either unemployed, or leaving a job, or suspending the use of their resources or looking for investors, anomalies that required them to take the risk of a business without prior experience in any sector or business training (the majority, in practice), settling down, physically storing themselves in a location, and gradually incurring many expensive expenses. In any case, the definition we get from the idea of entrepreneur is not in a diphthong.
Defining Business Incubators and Their Core Objectives
This is why startup accelerators and incubators emerge. Not only to relieve the burden on previously solitary entrepreneurs by directing them to training, financing, coworking spaces, and other types of assistance, but also to transform society in general. Yependek button class yot-modal-close data-toggle yot-hide yot-close button ajax button small category is because their ultimate goal, as we shall see, is to provoke a social impact that, through foundations that take advantage of the creation of business ideas and develop them in companies until they become celebrated, provides service.
They therefore come to commercial projects in their (start-up) stage and impact development by promoting their growth. In the end, they capture entrepreneurship and innovation. So although their ultimate goal is vulnerability and affinity with entrepreneurship, not only to activate economic creativity, From the general to the specific and focused on specific business projects. They seek to create places where different entrepreneurs find content and share their experiences. Through this interaction, we generate profitable businesses with ideas.
Key features of successful business incubators
But it’s important to know that incubators and accelerators are not synonymous and, on the contrary, terms that refer to each other in an exclusive and distinct way must used. The characteristics that make them unique When we talk about business incubators, we mean organizations that in contact with startups when the business idea not yet developed; in the first phase of their initial phase. From there, based on these initial ideas, they create new projects, racing to success.
Therefore, the objective of their program is to capture small seed companies, as soon as they are still ideas, and turn potential businesses into first-class companies that we provide with the resources they need. Among the services it offers owners to carry out their projects are legal and financial advice, business premises (coaching (mentorship), infrastructure. In short, an incubator is a facility that offers technical and commercial assistance from professionals, facilities, and various services (Lalakka 2003).
Understanding the importance of business incubators
Although incubators organizations created by the state and private sector, they often receive support from government agencies and universities. Entering the private sector, it stands out for its organizations. That is, it will assist entrepreneurs from different Internet entities such as Grupo Intercom, Digital Asset Deployment (DAD), Mola, among others. All of these are entities that provide both technical and financial assistance, adding, as Mola’s official website states, their mission is to catalyze projects or ideas in their favor in terms of financing, knowledge, and skills.
Essential to turning them into business projects. practicable (Mola, n.d.). This refers to social accelerators, which are a structure with which beforeSend server counts as fostering the growth of startups, their entrepreneurs at all stages of their business growth. a feasible product/service, its commercial use, and the entry of investors, etc. To this end, about 30 days after the startups presented to the city council through a competition organized by the Las Palmas City Council, a committee of qualified individuals evaluates which of the companies will selected.
Conclusion
Highly selective selection process, they have a programme Digital Revolution and Primerigo for Small and Medium-Sized Businesses The responsibility of encouraging small and medium-sized counterparties and entities to create entrepreneurial initiatives for projects has been to encourage them to market their products and services to today’s society. These businesses are strongly influenced by the current environment. Given the proven benefits of generating new businesses, it is important to encourage and support entrepreneurship through various social policies and organizations dedicated to developing business ideas.
Its importance dates back to the late 1970s in the United States, where the Economic Development Administration (EDA) and the National DNA Science Foundation (NSF) established the first incubated startups. The first incubator founded was technology-based and developed by the NSF (Gomez, 2002). The American Research Department (ARD), an affiliate of the Massachusetts Tech Institute, was brought in. Guided ARD as it could be called A technological visionary from Stanford, Silicon Valley, and Harvard, created what are best known as spin-offs.
