Startup incubators are institutions that help entrepreneurs to develop their business, especially in the initial stages. Incubation function is usually done by institutions who have experience in business and technology world. Incubator support includes providing technological facilities and advices, initial growth funds, network and linkages, co-working spaces, lab facilities, mentoring and advisory support. As early stage mentors, incubators are an important part of the startup ecosystem.
Startup incubators in India
Government’s startup policy gives prime role to incubators by giving them recognition, regulation guidelines and financial help. The identified incubators have to provide the various assistance to startups. Atal Innovation Mission promotes Atal Incubation Centres to realise its mission objectives.
