Propella operates as an Incubator (Support of NEWCO’s) as well as an Accelerator (Support of existing companies) as this is critical from a sustainability and income earning perspective. It is also good practice to support companies in various stages of their life cycle as the development support and interaction between the incubatees is as important as the development support received from the Incubator. Propella will also operate on a physical and virtual basis in order to further extend the development support beyond those companies which are located in Propella.