Business incubation is a system of supporting start-up and new businesses to increase their chance of survival and growth. Business incubators remove some of the barriers that new businesses traditionally face, legal and financial, allowing them to focus on market research, product/service development, investment and early trading. They are also sources of expertise and networks that promote knowledge exchange, mutual support and inter-trading opportunities.

Pre-incubation is designed to bridge the gap between entrepreneurial intent and the point at which the business is ready for traditional incubation. The case for a ‘ladder of incubation’ has been made, the pre-incubation and early start model developed and tested.

If you are looking to develop a suitable pre and early start business incubator, capable of supporting enough new entrepreneurs to make a difference to the economic development of your area, it’s worth giving Pam Voisey a call. Her publications are listed on the ‘About’ section, and she’s always willing to discuss the benefits of incubation as a tool for regeneration. As a consultant, Pam is a rare example of practitioner and academic!