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Incubator: 孵化器 (fū huà qì)

Incubator, originally referring to an artificial apparatus used to hatch eggs, has an extended meaning in the economic field nowadays. It refers to an organization geared toward speeding up the growth and success of startup and early stage companies by providing them with supports in funds, management, resources and planning. 

孵化器 (fū huà qì),原意是指人工孵化禽蛋的设备,引申至经济领域,就是在企业创办初期或者企业遇到瓶颈时,提供资金、管理、资源、策划等支持,从而帮助企业做大或转型。

Incubator is a company that helps a start-up business by providing office space and equipment, arranging financing, and offering business guidance.


Business incubators differ from research and technology parks in their dedication to startup and early-stage companies. 


Research and technology parks, on the other hand, tend to be large-scale projects that house everything from corporate, government or university labs to very small companies. 


Most research and technology parks do not offer business assistance services, which are the hallmark of a business incubation program. However, many research and technology parks house incubation programs. 


Source: China Daily


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