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LIB offers new start-ups immediate and customized "turnkey" solutions at an affordable price. LIB incubator occupants are:
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Start up
recently formed, typically innovative firms or companies in the hi-tech sector;
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Spin off
new companies formed when a breakaway division or section of an existing company acquires its own legal and economic framework;
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Partners
companies with over three years' business experience offering their services as technology and service providers for start ups and spin offs;
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Free-lance professionals
These young companies can use modular spaces as offices and can stay in the incubator for periods that vary according to the sector they belong to (approximately three years). When they vacate the premises, their modular units are taken over by other newly formed firms.
Firms wishing to join the incubator have to undergo standard appraisal and selection procedures; discriminating factors are the innovative level of the business proposed, the economic feasibility of the business idea and the potential ability to create jobs.
Incubation triggers a self-propagating mechanism that keeps the fabric of local business constantly revitalized, favouring the spread of firms with innovative drive whose staff are geared to working in a network.
LIB houses the headquarters of Milano Metropoli Development Agency, BIC La Fucina and Proxima Centre.
LIB occupies a former brownfield in Sesto San Giovanni, on the outskirts of Milan.
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