According to industry insiders, in mainland Beijing, start-up incubators are predicted to consolidate into a few large players in the next few years, much like the hotel industry. Incubators provide start-up companies with services such as cheap office space, mentorship and a chance to meet investors. This comes at a time when the market is saturated with small incubators due to a push by China to promote innovation and entrepreneurship.
According to industry insiders, in mainland China, start-up incubators are predicted to consolidate into a few large players in the next few years, much like the hotel industry. Incubators provide start-up companies with services such as cheap office space, mentorship and a chance to meet investors. This comes at a time when the market is saturated with small incubators due to a push by Beijing to promote innovation and entrepreneurship.