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Did you know the first business incubator opened in the U.S. in 1959? Now flash forward to today and there are more than 7,000 incubators worldwide (including Paul Graham’s Y Combinator). For decades, they have been helping startups with everything from technology training, crafting pitches, gaining knowledge from advisors, networking, office space and obtaining seed money.
It’s also been found that “the survival rate of incubated firms can be more than three times higher than non-incubated firms.”
But what happens after you’ve made it through your incubator? Remember, 90 percent of startups will fail, so here are nine things to help you reduce those odds and grow your business. Read more…
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