Business incubators aim to develop high-growth potential businesses and help them to thrive, supporting entrepreneurship at a local and national level. They provide SMEs and start-ups with the nurturing environment needed to develop and grow their businesses, offering everything from virtual support, rent-a-desk through to state of the art laboratories and everything in between. Some can also provide additional services such as direct access to hands on intensive business support, access to finance and experts and to other entrepreneurs and suppliers to really make businesses and entrepreneurs to grow.
We believe that incubators can increase the chance that a start-up will succeed, and shorten the time and reduce the cost of establishing and growing its business. We also believe that successful, business incubators can help to nurture those companies that will become the future creators of wealth and employment for a region.
The University of Portsmouth has a number of business incubation facilities that are available for those starts up and smaller companies who want to work in an innovation space that will help their business grow.