Question

Located at Monsanto's world headquarters, the Nidus Center is a unique ___________ facility. The tenants are biotechnology companies who are at various stages of product development. The agricultural giant, Monsanto, the Danforth Foundation, Washington University-St. Louis, Saint Louis University, and several venture capital firms contribute seed money for these small start-up ventures that receive approval to further develop their ideas at the Nidus Center.



a. enterprise zone


b. micropreneurial


c. intrapreneurial


d. incubator

Answer 1

Answer: Incubator

Explanation: Incubator can be defined as a place made available to new small firms of a specific industry. In such places, specifications are made in such a way that these firms could operate easily and efficiently.

In the given case, Nidus center has biotechnology companies that are operating at different levels.

Hence, we can say that the center is a business incubator.