Business Incubator is a so-called innovative elevator for creative groups developing from “the business idea” to “the business project”.
Business Incubator is the beginning stage of an innovative company where creative teams (applicants) come with the aim to start up an innovative business. At this point a creative team may be provided the spectrum of services required for the “business packing” stage. This gives an opportunity to focus on the ways to commercialize a business idea.
The Functions of the Business Incubator are as follows:
1. To provide developers with business development counseling services and access to research equipment.
2. To assist developers in:
the preparation ft he idea commercialization business-plan;
the performance ft he research and development activities;
the creation of pre-production models;
the attraction of investments for carrying out research work;
the participation in expositions, conferences, seminars and presentations.
3. To provide legal support and protection to product research and development.
4. To provide nanotechnology research and development with advanced analytical and technological equipment.