A start-up incubator is a facility which helps new entrepreneurs in their business ventures by providing support, mentoring, guidance and office space so that they could turn out successful.
In India, we see a lot of budding minds coming up with new and innovative ideas which after successful incubation and funding would turn into a very good business model. To help those budding minds, incubator facilities support them by mentoring and guiding them so that they could be successful in their business venture.
The government of India has also come up with a Start-up India mission which has a lot of schemes aimed to support entrepreneurs.
Let’s take a look at some of the best incubator facilities in India:
1) Technopark Technology Business Incubator (T-TBI), Kerala
Technopark Technology Business Incubator (T-TBI), Kerala is India’s first non-academic business incubator which is located in Technopark, Trivandrum which is India’s first and greenest technology park.
It started its operations back in 2007. Since then it has helped several start-ups by providing the required support to them.
It has incubated around 60 companies and has a success rate of 92 percent. It has been awarded as the world’s best software incubating company and the first Indian incubator facility to achieve this award.
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