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New AI-powered digital economy creates brilliant opportunities for reinventing the traditional business incubation model. Hybrid Business Incubators (HBIs) can offer a mix of onsite and online services to create a modern startup and entrepreneurship development ecosystem. |
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A hybrid business incubator (HBI) combines elements from both traditional incubators and accelerators, offering a flexible model that can provide long-term support with intensive, short-term programs.
A hybrid business incubator operates within a specialized high-growth sector, fostering innovation, particularly within a regional innovation system.
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Business Incubator
Checklist
Business E-ncubator
Keys to Success
WEneurs Forum |
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The new hybrid Business E-ncubator without walls can not only think, but also act outside its box and provide effective IT-enabled business e-coaching, match-making, and project management services to thousands of its semi-virtual and virtual tenants – start-up companies.
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E-coaching will also enhance the effectiveness of traditional tailor-made training, mentoring, and consulting services as entrepreneurs will have better preliminary understanding of the subject. In fact, business consultancies usually don't like to waste their time on low-value activities such as teaching first-time entrepreneurs basic business skills. |
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Business e-Coach can do it for them very effectively and free of charge thus enabling reallocation of human resources from low-value to high-value uses. |
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Virtual business e-ncubator can also extend its activities to the pre-incubation phase and provide business e-coaching services to hundreds of would-be entrepreneurs. E-coaching would help them to refine their venture models and transit seamlessly from the pre-incubation phase to the incubation one.
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