There are plenty of ways in which incubators help a startup. Starting with the very basic necessity of a startup which is workspace, an incubator provides workspace and all the other necessities required for smooth functioning like internet connection, proper devices etc.
Secondly it helps startups to find funding as they’re connected to big networks of venture capitalists and angel investors, and can introduce them to those most suited to their business concept. And because incubators also typically helps a startup craft their pitch, they walk into meetings with a better chance of making a winning one.
At the best incubators, are the entrepreneurs that act as mentors to guide startups in the basics of business and help them craft a business plan that’s attractive and ready for investors.