Business incubation is a form of business enterprise development.
As the name suggests, business incubators nurture young firms through their vulnerable startup phase. In many cases, a number of incubating companies will operate under the same roof, which lets them share office services, conference rooms, access to equipment, and other necessary services. Driven by companies such as Idealab and Divine Interventures, Internet startup incubation has become popular recently. These incubators are based on the concept that turning an idea into dot-com success requires rapid execution. A Web startup that joins an Internet incubator is given access to that group's network of strategic and financial support services.