Why do incubator facilities continue to remain very popular with start-up businesses?

Incubator facilities are organizations that provide help/guidance for startups in exchange of part of ownership of the businesses.

For example,

They will things such as Business advice, company workspace, and management training to the start ups. In return, the start ups have to give 20% of their shares to the incubators.

This type of facilities tend to remain popular because it is very beneficial for all parties involved.

Benefits for the incubators:

Statistically, 90% of start ups fail. Incubator facilities tend to facilitate a group of start ups under their wing.

Providing advice to start ups will increase their chance of success. Not only that,  Even if some of the start ups fail, some of those who success tend to have enough profit to cover for the fail start ups.

Benefits for the Start ups:

Start ups tend to benefited in the term of capital , education, and connection.

Most incubators owners are people who already succeeded in a specific industry. These owners can use their knowledge and connection to accelerate the growth of the start ups.

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds

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