Which of the following is NOT true about business incubators?

Some business incubators are started by developing countries.

Explanation:

A business incubator is a company that provides management training or office space services towards assistance to the development of new and startup companies. According to NBIA, business incubators tend to work as a catalyst tool for economic development either at regional or national level.

Developing countries refer to countries having an industrial base that is less developed along with HDI relativity with other nations.