incubator (/ˈɪn.kjə.beɪ.tər/)
noun · Advanced · Work & Business
🔊 /ˈɪn.kjə.beɪ.tər/
Meaning
Meaning: organization nurturing startups
An organization that helps new companies grow by providing space, advice, and support. It also means a device for keeping eggs or babies warm.
Examples
🗣 The startup joined a business incubator that offered office space and advice from experienced mentors.
Etymology
From Latin ‘incubare’ (to lie on, hatch); the business sense is a modern figurative use.
How & Where It’s Used
Used in the startup world and in medicine and farming.
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Tags: business, startup