An innovation intermediary can be defined as a third party, offering intermediation services between different parties – in the case of UBC usually industry and research. In the last years many different types of intermediaries have been established. Depending on the scope of your projects different types of support might be needed. The following paragraphs give an overview about the different types:
Business incubators are spaces created and subsidized by private or public initiatives to allow entrepreneurs to stimulate the creation of new business initiatives in cooperative environments. In difference to science or technology parks, business incubators are usually limited to start-ups and young companies in early development phases. Business incubators forge new partnerships, facilitate flows and share of talent, resources and market knowledge. The key competence of these intermediaries hangs on the delivering massive education courses necessary for entrepreneurs to develop their early-stage technologies and privileged access to some sources of funding from VC, business angels, etc.