A facility which offers subsidized space and business advice to companies in their earliest stages of operation is called a(n)

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A facility which offers subsidized space and business advice to companies in their earliest stages of operation is called an incubator. This type of facility provides a supportive environment for new businesses to grow and thrive by offering resources such as office space, access to mentors and advisors, and networking opportunities. The goal of an incubator is to help new businesses succeed and eventually become self-sufficient.

A Facility Which Offers Subsidized Space and Business Advice to Companies