What is the primary function of a tech startup incubator? 🔊
The primary function of a **tech startup incubator** is to provide early-stage companies with support, resources, and mentorship to foster their growth and success. Incubators typically offer **workspace**, access to funding, networking opportunities, and guidance from experienced entrepreneurs and industry experts. By creating a collaborative environment, incubators help startups refine their ideas, develop business models, and navigate challenges. This support can significantly increase the chances of a startup achieving **sustainability** and scaling its operations effectively.
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