Green Business Incubation

Abstract

Business incubators provide a business environment, where incubatee entrepreneurs can nurture their startup ventures successfully. By offering green infrastructural support, networking, green investors, and mentoring, business incubators can assist entrepreneurs in achieving enhanced business performance, successful market penetration, and financial success. Notwithstanding the emerging interest in the business incubation domain, the green incubation process for innovation and entrepreneurial success remains limited. The author therefore proposes the design of a green business incubation ecosystem and incubation process framework (initiative and context, green incubation facilities, and outcomes). Admittedly, establishing green incubation processes would enhance early-stage entrepreneurial success, foster green innovation, minimize startup challenges, and expand employment opportunities. Thus, the contribution of this chapter would broadly support the development of green business incubators, nascent entrepreneurial success, green innovation, and sustainable development worldwide.