Analysis

Incubators help MGAs take their first steps

By Trevor Hemsley 2024-10-29T08:00:00

business incubation

MGA incubator models are growing in popularity, especially as support from these firms can trim nine months from the regulatory approval process for startups

According to government owned British Business Bank, business incubators provide startups and early stage organisations with support and resources that they might find difficult to access elsewhere.

This includes “access to networks, investors and mentors, or coworking space alongside other businesses and experienced professionals”, the economic development bank explained.

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