You might have known what is incubation? Yes, it is about growth. If you are new to the term business incubator, it is a service that helps startup and new organisations to improve. Such an incubator centre in India offers services to startups like office space, management training, etc. Incubator centres are referred to either as the national or regional economic development catalyst tools.
What types of services do they offer?
As startup organisations have insufficient networks, experience and resources, these services provide them with the chance to get through the key hurdles in beginning a business. The barriers include computer services, accounting, legal, startup funding and even space required for running their business. The most common services offered by the startup incubator centres in India include:
ØBasics of business
ØHelps with presentation skills
ØAccess to bank loans, guarantee programs and loan funds
ØHigh-speed web access
ØAssociations to strategic partners
ØAssociations to higher education resources
These are just a few services as they offer a wide range of other services as well.
List of Current Startup Incubator Centers in India:
If you are a startup business looking for small business ideas from the best incubator centre in India, here is a table that shows the list of top 15 Incubator centres located in different cities in India to help you out:
|S. No.||Name of The Incubator Centre||City||USP (Area of Specializations)||Successful Startups|
|1.||Amity Innovation Incubator||Noida||
Rural Innovation and Social Entrepreneurship
Nanotechnology and Material Sciences
Biotechnology and Life Sciences
Food and Allied Technologies
Education and Education Technologies
Information and communication Technologies
E-Commerce and tablet/mobile app
|3.||CIIIE Initiatives, Centre for Innovation, Incubation and Entrepreneurship (CIIE)||Ahmedabad||Market-oriented products/technologies (ICT, Renewable energy, Social impact)||
Media and Entertainment
Gaming and Animation
Customised gifting and branding solutions
|6.||NSRCEL||Bengaluru||Cloud Computing, Agnostic||
|7.||Science And Technology Entrepreneurship Park||Kharagpur||Health Care||Ikure Techsoft Pvt. Ltd.|
Technology product startups
|Axen Software Private Limited|
|13.||UnLtd India||Mumbai||Social Startups||
|14.||Veddis Ventures||Gurgaon||Consumer technology||Favista|
Chemicals and Biological Sciences & Engineering Services exploiting scientific expertise in the areas of materials Technology startups offering products
Is there any difference between Business Incubator and Startup Incubator?
Startup incubators help startups in many ways. They are otherwise referred to as business incubators. So, there is no difference between the two. However, there is another service called startup accelerator. It is different from that of the incubator in many ways.
Why should startup businesses get help from an incubator centre in India?
Do you look for ways to take your business to the success path? Then, what will be the better choice? Should you do it alone or as a group? Most entrepreneurs choose the latter route in the tech space. The reason is that being part of something more substantial has always helped them to grow their business smoothly and also quickly. In short, an incubator centre can turn out to be the perfect bridge to take your business from the stage of the idea to the scene of execution.
ØThey will safeguard you from mundane tasks. It means that you can focus on the core areas of your business development
ØYou will gain access to better networks to grow your business
ØYou will get excellent support from experienced people.
So, for these reasons, you should get help from one of the best incubator centres in India listed above to move forward in the competitive business world as suggested by the startup mentor Mr Mukesh Maheshwari.