Glossary of Terms
Defining the core concepts and spaces related to startup incubators and accelerators.
Description of the Digital Wave of services impacting the world's startup incubators and accelerators.
Descriptions of financial terms associated with startup incubators and accelerators according to UBI Global.
Descriptions of terms used in innovation and practices followed by the industry.
The key players surrounding innovation
A description of the type of startup organizations available.
Descriptions around performance tracking and metrics related to startup incubators and accelerators.
Environmental, Social & Governance (Sustainable Development Goals/SDGs)
Standards for Sustainable and Responsible Business Practices
UBI Global Benchmark
A Third-Party Assessment On-demand for UBI Global Members
UBI Global Ranking
Categorized recognition and celebration of the world's most impactful startup incubators and accelerators
Advisor
Trusted Experts Enhancing Startup Decision-Making
Agentic AI
Autonomous AI Revolutionizing Decision-Making and Operations
Bootstrapping
Starting and Growing a Business Independently
Business Support Organization (BSO)
Strengthening Startup Ecosystems through Collaboration
Commercialization
Transforming Innovation into Market Value
Commercialization Program
Bridging Innovation to Market Success
Impact Innovation
Creating Positive Change Through Balanced Innovation
Alumni Startup
Graduates of Incubator and Accelerator Programs Scaling New Heights
Cloud-Native Solutions/Hybrid Cloud
Agile, Scalable, and Flexible Cloud Architectures
Cluster Strategy
Driving Regional Innovation through Sector Collaboration
Coopetition
The Strategic Blend of Cooperation and Competition
Corporate Venture Capital (CVC)
Strategic Corporate Investment Fueling Startup Growth
DEI Incubator/Accelerator or Program
Empowering Underrepresented Founders to Build an Equitable Ecosystem
Net Promoter Score (NPS)
Measuring Customer Loyalty and Advocacy
Angel Investor or Angel Group
Early-Stage Seed Capital Providers Supporting Startup Growth
Crowdfunding
Democratizing Startup Funding Through Collective Support
Demo Day
Showcasing Innovation to Catalyze Investment and Growth
Digital-First Mindset
Prioritizing Digital Solutions for Agile Growth
Dual-Track Incubation
Flexible Startup Participation Across Physical and Virtual Platforms
Ecosystem Orchestration Framework
Strategic Coordination for Collaborative Business Ecosystems
UBI Global Benchmark KPIs
Measuring Performance Against Industry Leaders
Coach
Structured Support to Unlock Startup Potential
Decentralized Finance (DeFi)
Democratizing Access to Financial Services with Blockchain Technology
Digital Sandbox
Safe and Controlled Spaces for Innovation Experimentation
Ecosystem Partnership
Collaborative Networks Driving Shared Innovation and Growth
Exit Strategy
Planned Transition for Founders and Investors
Globalization
Expanding Innovation Across Borders and Markets
UBI Global Ranking
Benchmarking Incubators and Accelerators Worldwide
Digital Transformation
Comprehensive Integration of Digital Technologies for Business Evolution
Ecosystem Builder
Catalysts Connecting and Developing Innovation Networks
Founder Agreement
Defining the Foundation for the Startup Lifecycle
Funding Rounds (Pre-Seed, Seed, Series A/B/C)
Stages of Startup Capital Growth and Investor Engagement
Industry-Specific (Vertical) Incubator/Accelerator
Tailored Support for Sector-Focused Startups
Innovation Ecosystem
Collaborative Networks Driving Continuous Innovation
Digital Twin
Virtual Counterparts for Real-Time Simulation and Optimization
Ecosystem Enabler
Facilitators Strengthening Innovation Networks
Growth Stage
Expanding Market Presence and Operational Capacity
Impact Investment
Aligning Capital with Positive Social and Environmental Change
Innovation Hub
Connecting Innovators in Dynamic Environments
Pre-Accelerator
Foundation Building for Early-Stage Entrepreneurs
Ecosystem Orchestrator
Strategic Coordinators of Innovation Networks
Extended Reality (XR)
Encompassing Virtual, Augmented, and Mixed Realities
Ideation
Driving Innovation Through Creative Idea Generation
Joint Venture
A Strategic Partnership for Specific Business Objectives
Unicorn Startup
Privately Held Startups Valued at $1 Billion and Beyond
Entrepreneur
Visionary Individuals Creating and Growing New Ventures
Hyperautomation
Advanced Automation for Efficiency, Scalability, and Innovation
Initial Public Offering (IPO)
Transitioning from Private to Public Ownership
Living Lab
Real-World Innovation with User-Centered Collaboration
Venture Capital
Fueling Growth for High-Potential Startups
Innovation Entrepreneurship Journey
The Progressive Path from Idea to Impact
Intrapreneur
Driving Innovation Within Established Organizations
Quantum Computing Readiness
Preparing for the Next Wave of Revolutionary Computing
Research and Technology Park
Facilitating Innovation through Strategic Property-Based Ecosystems
Intellectual Property (IP)
Protecting Creations of the Mind
Mentor
Experienced Guides Supporting Long-Term Entrepreneurial Growth
Startup Ecosystem
Dynamic Networks Nurturing Startup Growth and Innovation
Iteration
Continuous Improvement Through Cyclical Feedback and Refinement
Serial Entrepreneur
Pioneering Multiple Ventures with Experience and Networks
Startup Incubator
Nurturing Early-Stage Startups with Structured Support
Startup Support Organization
Umbrella term for organizations offering startup support (SSOs)
Service Provider Network
Connecting Experts and Resources Across the Innovation Ecosystem
Startup Accelerator
Accelerating Growth for Scaling Startups
Minimum Viable Product (MVP)
Launching Simply to Learn Quickly
Strategic Alliance
Collaborative Partnerships Driving Mutual Growth and Competitive Advantage
Venture Builder (Startup Studio)
Systematic Creation and Growth of New Ventures
Open Innovation
Expanding Innovation Horizons Through External Collaboration
Pilot Partnership or Pilot Program
Testing Innovations in Real-World Settings
Pitch Competition
A Platform to Showcase and Accelerate Startup Ventures
Pivot
Strategic Shifts to Realign Startups with Market Needs
Product-Market Fit
Aligning Your Product with Market Demand for Scalable Growth
Proof of Concept (PoC)
Validating Ideas Through Early Feasibility Testing
Scaling
Growing Startups to Sustainable and Impactful Sizes
Startup Lifecycle
The Evolutionary Phases of a Startup’s Growth Journey
Stealth Mode
Operating with Secrecy to Protect Innovation
Technology Readiness Level
Measuring the Maturity of Innovation
Technology Transfer
Bridging Innovation from Research to Market