By now, you have surely heard of the “maker movement” – an international community of innovators, builders, engineers, entrepreneurs and others utilizing the latest in manufacturing technologies and techniques to create things. In addition, the advent of maker spaces equipped with the right tools has made the creation of products more affordable and easier than ever.

Business incubators have been around for decades, with most having the primary goal of educating entrepreneurs in best business practices, providing mentorship and guidance as well as offering financial support (either by taking a direct equity stake or arranging investment opportunities with VC and/or angel groups).