An incubator center is one of the tools for economic growth, established to support educated entrepreneurs by providing general facilities and amenities that enable new companies to take root. The use of incubator centers is now recognized as an accepted tool for converting scientific and research creativity and achievements into market-ready products and developing entrepreneurship. Today, over 3,000 incubators exist worldwide, mostly located in the United States and Japan. incubator centers are typically established alongside research centers or universities that provide support services (both technical and non-technical) to transform or nurture an innovation or invention into an industrial company. Globally, it is accepted that incubator centers are reliable tools for converting innovations and research achievements into products, as well as encouraging and developing entrepreneurship, especially in advanced technologies.

Services Provided by the Biotechnology Incubator

The Biotechnology Incubator offers numerous services to accepted companies, which can be listed as follows:

• General and Office Services: Telephone, fax, internet, meeting and conference rooms, secretarial and office tasks, computers, registry, cleaning, and more.
• Administrative and Executive Services: Assistance in obtaining financial and credit facilities such as interest-free loans, networking, tax assistance, rent subsidies, and similar support.
• Equipment and Facility Services: Office space, parking, office and clerical equipment, laboratory resources, workshop equipment, and more.
• Facilities for Converting Ideas to Products: Support for turning business ideas into products and creating the necessary groundwork for commercializing research achievements.
• Legal and Regulatory Support.
• Support for Technology Units Regarding Intellectual Property.
• Networking with Research Centers, Government Entities, and Other Companies.
• Educational and Consulting Services: In finance, marketing, commercialization, patent registration, and more.
• Support for Participating in Specialized Exhibitions.