Business Incubator is designed to create new businesses and accelerate their success through incubation program where consultants offer their expertise in start-ups, networking, and the necessary resources (facilities, equipment, etc.) in order to make businesses more successful. Incubation involves a variety of processes, which help reduce the risk of failure and start-ups to accelerate their growth.
Business incubation is one of the main activity fields of Tartu Biotechnology Park. Through offering high quality infrasturcture services as well as business development and concultancy services, it aims to create a favorable environment for start-up enterprises boosting their growth and competitiveness. TBP´s advisory services are focused on innovative and technology based entreprises in the field on biotechnology, medicine and veterinary medicine. BioMed Incubator is also open to companies outside of Tartu – business does not have to be located in Tartu Biotechnology Park (also called virtual incubation).