What is Coworking?
Coworking is short for collaborative working. It is an emerging style of working in an innovative environment, usually a shared work space, that is more flexible in its approach than traditional office environments. Coworking offers sharing of equipment, resources, ideas, and/or experiences among remote professionals. There are thousands of these shared office spaces, known as coworking spaces, in almost every country on Earth. The coworking model is unique in that workers can choose to remain independent and self-directed, but can often find more opportunities for socializing and networking among like-minded individuals.
Recent surveys and research suggests people are more productive and creative when working from a coworking space. With reduced distractions, a collective mindset, and preferred on-site amenities all contributing to a collaborative work space, workers can typically work better and enjoy their work more in a coworking environment than other working arrangements.
Smaller businesses and independent professionals find coworking provides affordable office space with important work necessities like high-speed internet, printers, and meeting rooms, resulting in lower startup costs.
What is a business incubator?
A business incubator is an organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections