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Describe Incubators and Explain the Benefits of an Incubator for a Small

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Describe incubators and explain the benefits of an incubator for a small business owner.


Definitions:

Economic Rewards

Incentives or returns, including wages, profits, and benefits, that motivate individuals and firms to undertake certain activities or behaviors.

Economic Development

Economic Development involves efforts that seek to improve the economic well-being and quality of life for a community by creating and retaining jobs and supporting or growing incomes and the tax base.

Population Growth

The increase in the number of individuals in a population over time.

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