What is Incubation?
Business incubation represents one of the most dramatically developing tools for innovative entrepreneurship support. Conditions of incubation essentially assist to overcome barriers when starting and developing small businesses.
Advantages of Business Incubation:
Business Incubator assists in search of financial and technical means for business development.
Briefly about the history of incubation development:
Contribution of incubators both to the entrepreneurship and economic development, and to the development of cooperation has formed a strong instrument of regional development. Formally, the first business incubator was launched in Batavia (USA) in 1959. Thus, since late 80s incubation of entrepreneurship has become prevailing governmental policy to stimulate economic development and job creation. Presently, over 4,000 business incubators are counted worldwide.
Business Incubators in Kazakhstan.
There are 43 Business Incubators and Technology Parks in Kazakhstan. The Kazakhstani Association of Business Incubators and Innovation Centers (KABIIC) was established in 2000. It unites 14 business incubators and technological parks from the different regions of Kazakhstan. The Central Asian Network of Business Incubators and Technology Parks (CABIN) was established in November of 2002; the Network coordinator is SODBI Business Incubator in Shymkent.
* Statistic data is provided by National Business Incubation Association (NBIA), USA