Springboard (business)

Springboard is the name of a business incubator formed by Cambridge-based company Red Gate Software. Over the course of ten weeks, Red Gate provides startups with office space, money to live on, food and mentoring, including weekly talks from successful entrepreneurs. In return, Red Gate doesn't take equity or seats on the board but instead hope that the program will benefit the tech eco-system in Cambridge in general and help Red Gate forge useful relationships for the future.[1]