January 31, 2023

Are there any upfront or ongoing fees for startups in the incubation program?

It is possible that there may be upfront or ongoing fees for startups participating in Livinnovate’s incubation program. These fees may include a membership fee that covers the costs of the resources and support provided by the program, such as office space, equipment, and software. Additionally, there may be costs associated with using certain resources or services, such as legal or accounting services. Some incubation programs may also require startups to give up a percentage of equity or future profits in return for the resources and support provided. It is important to note that the specific fees, terms, and costs may vary depending on the specific incubation program and the specific needs of each startup. It is recommended that you contact Livinnovate to get more specific information about the fees and costs associated with their incubation program.

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