You’ve probably heard of “incubators” for new businesses, but what’s a startup “excubator”?
Business incubators aim to fast-track the growth and success of startup and early-stage companies. Fledgling entrepreneurs can gain access to coveted capital, equipment-rich work spaces and guidance from industry experts – if they’re approved to participate in the incubator, that is. Some only allow startups to “incubate” for a few weeks.
But the industry is now abuzz about startup “excubators,” which work with any startups that are willing to pay. Here’s what this emerging model is all about, and what entrepreneurs need to know:
Of course there are many more issues that may arise, depending on the type of business you’re trying to get off the ground. Before joining a startup excubator, you may want to start by consulting an experienced business attorney first.
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Related Resources:
- Ensemble investment group for start-ups arrives in Chicago (Chicago Tribune)
- Start-Up Basics (FindLaw)
- 5 Dorm Room Startup Tips for College Entrepreneurs (FindLaw’s Free Enterprise)
- Startups Need to Hire Lawyers, Too (FindLaw’s Free Enterprise)
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