business incubation
The process through which an individual or an organization contributes to the development and growth of a business start-up. It includes physical facility support (such as offices), networking support (such as connecting with partners or investors) and support services (such as providing coaching session on business development, technological innovation, scaling up a business, etc).
business incubation — the process through which an individual or an organization contributes to the development and growth of a business start-up. ESCO classifies it as a cross-sector (useful across many industries) skill within knowledge.
Occupations that require business incubation
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Frequently asked questions
What is business incubation?
The process through which an individual or an organization contributes to the development and growth of a business start-up. It includes physical facility support (such as offices), networking support (such as connecting with partners or investors) and support services (such as providing coaching session on business development, technological innovation, scaling up a business, etc).
What category of skill is business incubation?
ESCO classifies business incubation under the knowledge category, specifically in the management and administration subcategory.
How transferable is business incubation between industries?
ESCO tags business incubation as a cross-sector (useful across many industries) skill — a signal of how portable it is when you change field.
Is business incubation the same as entrepreneurial incubation?
Yes — business incubation is also known as entrepreneurial incubation, or startup incubation. They refer to the same underlying capability in the ESCO taxonomy.
How can I learn business incubation?
The most reliable path is to pick a job or project that demands business incubation and learn through delivery. Complement that with role-specific roadmaps and short courses. Explore the occupations below to see where this skill is used in practice.