Statements on Business Incubators
CMAT 2025 · Innovation & Entrepreneurship · Easy · Incubators
Given below are two statements:
Statement I: A business incubator typically takes an equity stake in the startups it supports. Statement II: A business incubator provides early-stage companies with office space, mentorship, and resources in general to support them.
In light of the above statements, choose the correct answer from the options given below:
- A.
Both Statement I and Statement II are true
- B.
Both Statement I and Statement II are false
- C.
Statement I is true but Statement II is false
- D.
Statement I is false but Statement II is true
A
Explanation
Both statements are true regarding the nature and functioning of business incubators.
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