Preincubation Support: Key for Economic Development

Most people became entrepreneurs in 2020 than in previous years. However, the percentage doing so by choice was the lowest.

We are all familiar with a person approaching us with an underdeveloped idea and asking for investors’ help. And they expect it to be at little or no cost to them. We shake our heads but have no place to send them for preparation. Not at scale anyway.

Lack of a robust preincubation program will shortchange any resurgence goals.

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