InterviewSolution
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How Do Business Incubators Differ From Small Business Development Centers? |
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Answer» The U.S. Small Business Administration administers the Small Business Development CENTER (SBDC) PROGRAM to provide general business assistance to current and prospective small business owners. SBDC (and similar PROGRAMS) differ from business incubators in that they do not specifically target early-STAGE companies; they often serve small businesses at any stage of development. Some business incubators partner and share management with SBDCs to avoid duplicating business assistance services in a region. The U.S. Small Business Administration administers the Small Business Development Center (SBDC) program to provide general business assistance to current and prospective small business owners. SBDC (and similar programs) differ from business incubators in that they do not specifically target early-stage companies; they often serve small businesses at any stage of development. Some business incubators partner and share management with SBDCs to avoid duplicating business assistance services in a region. |
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