The role of business incubators in supporting small and medium enterprises

Document Type : Original Article

Author

Faculty of Law - Mansoura University

Abstract

The concept of business incubators derives from the incubator in which children born before the completion of their mothers' pregnancy period are born in a vulnerable state to strengthen them, so that they can cope with some of the difficulties arising from the circumstances surrounding them. Where the business incubator provides financial, administrative, and technical support to small projects to help them overcome the problems that can lead to their bounty and thus provide opportunities for rapid growth within the incubator to be stronger when they leave the incubator, which improves their success rates. Therefore, the business incubator is a specific place that works to host small projects that are feared to not succeed in the market, and provides them with the appropriate environment, in order to reach maturity, stability and links with each element of society, so small and medium enterprises constitute the main nerve of any country, whether developed or developing, as it is characterized by its high capacity It is also a means of stimulating self-employment and work and its ability to industrial development, as well as it needs a relatively low capital cost to start an activity in it, as well as these projects are characterized by their ability to employ semi-skilled and unskilled workers.

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