Editing Business incubator (section)

==Types==
There are a number of business incubators that have focused on particular industries or on a particular business model, earning them their own name.

* [[Virtual business incubator]] – online business incubator
**Since the 1950s, an older incubator model required startups to set up at the incubator's site. After the dot-com bubble, the virtual model was born, allowing companies to receive advice on incubators without physically being at the shop. This new virtual business incubator model has been a major step forward for entrepreneurs, and are especially ideal for those who need the advice that an incubator office provides but who want to maintain their own offices, warehouses, etc.
*[[Kitchen incubator]] – a business incubator focused on the food industry
**Specialty foods are typically high value and low production. Starting a commercial kitchen from scratch is a huge investment. The average food entrepreneur has to invest a lot of money before even making their food product, therefore not making profit for quite some time. Kitchen incubators give culinary entrepreneurs the opportunity to use low-cost kitchen space where they can rent a commercial kitchen space for an hourly or monthly rate. They also help culinary entrepreneurs make a profit by aiding in packaging, marketing, and selling their food products.
* [[Public incubator]] – a business incubator focused on the public good
**Social incubators' goal, similar to all other business incubators, is to provide social entrepreneurs with the tools they need to expand their business. While some businesses avoid their social responsibility, others such as charities need to have the ability to be more business savvy to survive.
* [[Seed accelerator]] – a business incubator focused on early startups. (Note: some literature sees as accelerators distinct from incubators, rather than being a subset.<ref>{{Cite journal|last1=Bone|first1=Jonathan |last2=Gonzalez-Uribe |first2=Juanita   |last3=Haley |first3=Christopher |last4=Lahr |first4=Henry |url=https://www.gov.uk/government/publications/the-impact-of-business-accelerators-and-incubators-in-the-uk |title=The impact of business accelerators and incubators in the UK |date=17 October 2019}}</ref>)
**"Seed accelerators, also known as startup accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day." While traditional business incubators are typically government-funded, accelerators differ in that they can be either privately or publicly funded and focus on a huge variety of industries. Seed accelerators also differ from business incubators in that the application process for seed accelerators is open to anyone, and is highly competitive. 
***[[Corporate accelerator]] – a program of a larger company that acts akin to a seed accelerator
****A specific type of seed accelerator which is often a subsidiary or program of larger corporations that act like seed accelerators, sponsored by an established for-profit corporation.
* [[Startup studio]] – a business incubator with interacting portfolio companies{{Citation needed|date=April 2022}}
*Venture builder: These are similar to a startup studio, but builds companies internally.
**Venture-builders are also called tech studios, startup factories, or venture production studios. Unlike incubators and accelerators, venture builders do not take any applications and are a non-competitive program, but rather build companies using their own ideas and resource and assign internal teams of engineers, advisors, business developers, sales managers, etc. to develop them.
*Medical incubator: a business incubator focused on medical devices and biomaterials
**This type of business incubator focuses on start-up advice for medical devices and biomaterials. Medical technologies are always changing and improving, and therefore this type of incubator is ideal for encouraging innovation and entrepreneurship within the medical field.<ref>{{Cite web|url=https://www.businessmanagementideas.com/startups/business-incubators/business-incubators-meaning-definition-services-development-and-types/18192|title=Business Incubators: Meaning, Definition, Services, Development and Types|date=2018-09-04|website=Essays, Research Papers and Articles on Business Management|language=en-US|access-date=2019-12-07}}</ref>

{| class="wikitable"
|-
|+ Industry sectors intentionally supported by incubation programs<ref name=knopp2006 />
|-
| Technology || Creative industries || Construction
|-
| Computer software || eBusiness / eCommerce || Arts
|-
| Services/professional || Wireless technology || Aerospace
|-
| Manufacturing || Healthcare technology || Kitchen/Food
|-
| Internet || Advanced materials || Retail
|-
| Biosciences/life sciences || Defense/homeland security || Fashion
|-
| Electronics/Microelectronics || Energy/Power || Wood/forestry
|-
| Telecommunications || Environment/clean technologies || Tourism
|-
| Computer hardware || Logistics/Delivery || Manpower
|-
| Medical devices || Nanotechnology ||Media
|}
More than half of all business incubation programs are "mixed-use" projects, meaning they work with clients from a variety of industries. Technology incubators account for 39% of incubation programs.<ref name=knopp2006 />

One example of a specialized type of incubator is a ''bio incubator''. Bioincubators specialize in supporting [[life science]]-based [[startup company|startup companies]]. Entrepreneurs with feasible projects in life sciences are selected and admitted to these programs.