In a world where networking is everything, Hômescape™ LLC has created a web-based business incubator where start-ups, micro cap companies and nano cap companies can use shared resources to grow and expand their business. Hômescape™ LLC is dedicated to allowing small companies and entrepreneurs establish their ventures via the internet in what they term a virtual business incubator. Plans for a physical business incubator are in the works for late 2012.
What exactly is a business incubator?
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve. Successful completion of a business incubation program increases the likelihood that a start-up company will stay in business for the long term: Historically, 87% of incubator graduates stay in business.
Incubators differ from research and technology parks in their dedication to start-up and early-stage companies. Research and technology parks, on the other hand, tend to be large-scale projects that house everything from corporate, government or university labs to very small companies. Most research and technology parks do not offer business assistance services, which are the hallmark of a business incubation program. However, many research and technology parks house incubation programs.
Incubators also differ from the U.S. Small Business Administration’s Small Business Development Centers (and similar business support programs) in that they serve only selected clients. SBDCs are required by law to offer general business assistance to any company that contacts them for help. In addition, SBDCs do not target start-up and early-stage companies; they work with any small business at any stage of development. Many business incubation programs partner with their local SBDC to create a “one-stop shop” for entrepreneurial support.
In 2005 alone, North American incubation programs assisted more than 27,000 companies that provided employment for more than 100,000 workers and generated annual revenues of $17 billion.
To become part of The Hômescape™ LLC Business Incubator, contact email@example.com. Start-ups and new ventures gain access to low-cost website and business plan development. Some companies pay nothing for these services in exchange for equity in their business. Small sized publicly traded companies are advantaged by joining the incubator program via means of market liquidity. This means that our virtual business incubator provides media outlets and stock promotion to hedge funds, investors, and traders, to increase company awareness and provide for more shareholders, investors, and/or partners. This will hopefully increase the liquidity of a company’s stock in the public market. Any questions, don’t hesitate to email us.
Success and Nothing Less
The Hômescape™ LLC Business Incubator Team