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#''Resources:'' Provides firms with workspace, mentorship, and other resources to support the companies' growth;
#''Investment in Startups:'' Generally does not take an equity stake in the companies they support.
 
 
 
==TechRepublic.com's Definition of an Incubator==
 
According to [https://www.techrepublic.com/article/accelerators-vs-incubators-what-startups-need-to-know/ TechRepublic.com's definition of an incubator], this term refers to an organization with the following characteristics:
#''Purpose:'' Matches companies with the best resources for them to be successful
#''Duration:'' generally operates on a more open-ended timeline
#''Organizational Support:'' can receive support from outside organizations including VC firms, angel investors, government organizations, and corporations
#''Market Area:'' can focus on a specific industry or incubate companies from broad industries
#''Services:'' varied in nature, can include mentoring/business advice, connections to other resources within community, and options to lease space month-to-month
#''Environment:'' collaboration in a physical space, focus on co-working environment
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