First off, I promise there will be no spoilers of Batman v. Superman in this post, in case you were worried. Instead I am going to try and clear up the (very) muddy waters of entrepreneurial support organizations. With so many options and - as I will illustrate - nuances within those options, it can be very difficult for startups to navigate the world of professional business resources and services. Hopefully, this post helps make it easier.
Many experienced and successful entrepreneurs share the same advice for hopeful startups: ‘Find a business incubator.’ Yet the uncharted territory of finding the right system leaves start-ups in a confusing maze of incubators, accelerators, and co-working spaces without knowing which one is truly right for their business.
Although the exact definition of accelerators, incubators, and co-working spaces can vary, they each follow a general set of characteristics that can be beneficial for start-ups.