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What types of entrepreneurial incubators are there?

Enterprise platform type:

The leaders of this type of incubator are usually large enterprises with abundant funds. They do not pursue start-ups in the early stage to bring profits to the incubator, but the goal is to be able to bring profits to the incubator in the future. Leaders bring new models and new technologies to upstream companies.

The operation mode of this type of incubator is equivalent to the cultivation of plants by a gardener. It not only provides soil for growth, but also monitors the growth of plants in real time and prunes weak branches. The "mentor" supervision and "training" accompaniment are taken into consideration, and the advantages and disadvantages coexist. For start-up projects that want to take the lead and grow, whether to join the incubator needs to be carefully considered.

Technology and policy type:

This type of incubator is mainly led by capital and provides entrepreneurs with all aspects of support for successful entrepreneurship. It ranges from basic support for establishing a company: incubation space, industrial and commercial registration, financial accounting, talent recruitment, five insurances and one fund account opening, etc.; to core support for operating a company: technical support, policy support, project guidance, capital services, etc.

The screening of projects by this type of incubator tends to be enterprises in emerging technology fields such as AI big data, industrial Internet, and the Internet of Things. There are strict selection conditions for incubation projects. Once selected, the incubator will provide special technical support, such as Huawei, which has more than 30 years of experience in the ICT industry. The Huawei (Suzhou) Joint Innovation Laboratory, which it previously built with Xiangcheng High-tech Zone and Yamu Capital, is an incubator that integrates "technology, capital, and policy." Assist enterprise development in all aspects.

Open space type:

This type of incubator is packaged and improved based on incubator 1.0, paying more attention to service quality and brand effect, and the core is the enjoyment of office space. It provides entrepreneurs with basic office space and charges rent based on workstations. Due to its weak resources, in order to build a brand, the incubator strives to create an entrepreneurial ecosystem and provide an atmosphere of positive communication for entrepreneurs.

Compared with other types of incubators, this type of incubator has a lower threshold for entry. Therefore, it attracts project participation from many industries and creates a diversified cultural atmosphere. This is a double-edged sword. Since it is impossible to focus on industry attributes, it is difficult to generate cluster effects and the linkage between projects is poor.