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Tag: business incubator

  • Nithin Kamath: The Unlikely Billionaire Who’s Shaking Up India’s Stock Market

    Nithin Kamath is the Co-founder and Chief Executive Officer (CEO) of Zerodha, the largest stock brokerage firm in India, headquartered in Bangalore, Karnataka. He is an Indian entrepreneur, stockbroker, and columnist for The Financial Express. Nithin gained recognition in the financial industry for his pioneering work in discount broking, which led to Zerodha’s success.

    Nithin Kamath has been acknowledged for his achievements and influence in the Indian business landscape. He has received several awards and accolades, including The Economic Times naming him among the Top 10 Businessmen to Watch Out for in India in 2016, specifically highlighting his contributions to discount broking. He also received the Forbes India Leadership Award – Conscious Capitalist of the Year (2019). Additionally, his entrepreneurial endeavors have led to a significant net worth of $1.5 billion.

    Zerodha’s success has also been widely recognized. In the IIFL Wealth Hurun India 40 and Under Self-Made Rich List of 2020, Zerodha topped the rankings. This accomplishment further highlights Nithin Kamath’s entrepreneurial prowess and Zerodha’s position as a leading player in the Indian brokerage industry.

    Here, in this article, we will learn about Nithin Kamath, his education, personal life, his parents, Zerodha, and more.

    Nithin Kamath Biography

    Name Nithin Kamath
    Date of Birth 5th October, 1979
    Birthplace Shivamogga, Karnataka, India
    Nationality Indian
    Educational Qualification Bachelor’s in Engineering
    Profession Entrepreneur, Stockbroker, Columnist
    Position Founder & CEO, Zerodha
    Net worth $4.5 billion (January 2025)
    Father Late U.R Kamath
    Mother Revati
    Brother Nikhil Kamath
    Spouse Seema Patil
    Son Kiaan Kamath

    Below is Nithin Kamath’s portfolio and his success story.

    Nithin Kamath – Personal Life
    Nithin Kamath – Education
    Nithin Kamath – Career
    Nithin Kamath – Success Story
    Nithin Kamath – Founder & CEO of Zerodha
    Nithin Kamath – True Beacon
    Nithin Kamath – Rainmatter
    Nithin Kamath – Personal Investments
    Nithin Kamath – Honors & Awards
    Nithin Kamath – Fun Facts

    Nithin Kamath – Personal Life

    Nithin Kamath's Family
    Nithin Kamath’s Family

    Nithin was born in Shivamogga, Karnataka, India, to a Konkani family. His father, U.R. Kamath, was employed as one of the executives of Canara Bank. His mother, Revathi Kamath, taught him to play the musical instrument, the veena.

    He also has a younger brother, Nikhil Kamath, in his family who is the Co-founder at Zerodha. Nithin Kamath’s wife is Seema Patil; they both got married in 2008. He loves to play basketball. The couple is also blessed with a son named Kiaan.

    Nithin Kamath had a mild stroke in January 2024. He shared this news in a LinkedIn post. His story shows how important it is to care for your heart and brain health.

    Kamath, known as a fitness lover, said his stroke was caused by stress, lack of sleep, tiredness, and over-exercising. His experience reminds us to keep a balance in life, exercise in moderation, and get enough rest.

    Nithin Kamath's LinkedIn Post
    Nithin Kamath’s LinkedIn Post

    Nithin Kamath – Education

    Nithin Kamath’s education journey began during his childhood when he traveled across India while accompanying his father’s profession. Eventually, he settled in Bangalore in 1996, where he completed his secondary education and college studies.

    Nithin Kamath’s formal education culminated with his graduation from Bangalore Institute of Technology, where he specialized in Electronics and Telecommunications. His academic background in this field likely contributed to his technical expertise and understanding of the evolving financial technology landscape.

    Nikhil Kamath: Zerodha’s Dropout Billionaire | Net Worth | Education | Career
    Explore the extraordinary story of Nikhil Kamath, the self-made entrepreneur and founder of Zerodha, as he turned his trading passion into a billion-dollar success story. Know more about him on Nikhil Kamath Wikipedia.
    StartupTalkyKanimozhi Sivakumar

    Nithin Kamath – Career

    During his early years, Nithin Kamath exhibited a passion for trading and entrepreneurship. Here is a revised overview of his professional journey:

    1. Early Trading Experience: At the age of 17, Nithin began managing his father’s trading account, which allowed him to gain practical experience in the financial markets while still pursuing his studies.
    2. Self-Employment as a Proprietary Trader: While in college, Nithin became a self-employed proprietary trader from January 1997 to January 2004. This period allowed him to further refine his trading skills and gain a deeper understanding of market dynamics.
    3. Work in a Call Center: Due to a lack of trading capital, Nithin worked at a call center for three years. He traded during the day and worked as a Senior Telesales Executive in a call center-focused company from January 2001 to June 2004.
    4. Sub-Broker and Portfolio Advisory Services: Nithin began his professional career as a sub-broker, partnering with Kamath Associates, which operated as a franchisee of Reliance Money. During this time (January 2004 to January 2010), he provided portfolio advisory services and engaged in proprietary trading.
    5. Co-founding Zerodha: In late 2010, Nithin Kamath, together with his younger brother Nikhil, founded their stock brokerage firm, Zerodha. This marked the beginning of their entrepreneurial journey, aimed at revolutionizing the brokerage industry in India through the introduction of discount broking and innovative trading technologies.

    Zerodha founder Nithin Kamath’s experiences as a trader, work in a call center, and his tenure as a sub-broker provided him with valuable insights and paved the way for the establishment of Zerodha, which has become one of the largest retail stock brokerage firms in India.

    Zerodha Success Story: Founded | Founders | Business Model
    Zerodha is an Indian financial services company founded by Nithin and Nikhil Kamath in 2010. Check out Zerodha’s story, founders, business model, revenue model, profit, and more.
    StartupTalkyAnik Banerjee

    Nithin Kamath – Success Story

    Nithin Kamath’s success story is intricately linked to the founding and growth of Zerodha, which has brought about significant disruption in the brokerage industry. Nithin drew inspiration from NSE’s free trading platform called ‘NOW’ as he observed the need for change in the industry.

    Nithin Kamath - Success Story
    Nithin Kamath – Success Story

    With a decade of experience in trading the stock markets, Nithin recognized the challenges and limitations faced by traders, which led him to establish Zerodha. He aimed to alleviate the fatigue associated with the pursuit of stock market trading and create a brokerage firm that addressed the barriers traders encountered. The name Zerodha itself is a combination of “Zero” and “Rodha,” the Sanskrit word for barrier.

    In 2010, Nithin and his brother, along with a team of five people, embarked on their entrepreneurial journey. Zerodha initially focused on serving day traders, and over time, the venture experienced significant growth. The company’s disruptive pricing models and in-house technology played a pivotal role in propelling Zerodha to become one of the largest stockbrokers in India in terms of active retail clients.

    Through their innovative approach, Zerodha has reshaped the brokerage landscape, making trading more accessible, affordable, and efficient for retail investors. Nithin Kamath’s vision and commitment to driving positive change have played a significant role in the success of Zerodha.

    Nithin Kamath – Founder & CEO of Zerodha

    Nithin Kamath - Zerodha Logo
    Nithin Kamath – Zerodha Logo

    Nithin founded Zerodha in August 2010 and has a, physical presence across several major cities in India. It is considered India’s one of the largest brokerage firm. Zerodha entered the Unicorn Club in June 2020 with a self-assessed valuation of $1 billion. Today’s online stock brokerage platform has over 22 lakh active users with three million trades daily.

    How does Zerodha work?

    Zerodha offers trading in equities, currencies, bonds, commodities, and mutual funds. An investor needs to pay Rs.300 to open a Zerodha account. They provide free equity delivery investments.

    Equity delivery, equity intraday, futures, and options variably charge Security transaction tax. A flat fee of Rs.20 is asked for every trade, irrespective of its size, without a brokerage fee. Nearly 2 lakh Zerodha accounts add up every month. The Zerodha login and interface are also easy to navigate and are designed to help beginners.

    Zerodha Kite, a new addition to Zerodha, is an online trading software that allows its users to trade at BSE, NSE, and MCX. It’s a front-end application that is built in-house by Zerodha engineers. Zerodha margin calculator is another popular tool that lets its customers calculate the margin required for futures contracts.

    Business Model of Zerodha – How does Zerodha make Money
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    StartupTalkyPratyusha Srivastava

    How does Zerodha make money?

    Nithin Kamath shared on 20 January 2025 that Zerodha now has over 1.6 crore users, with 30% of them joining through referrals, all achieved without any advertising.

    Zerodha is a low-cost trading service; it also has free add-ons that attract millions of customers to trade or invest in the stock market and pay brokerage to Zerodha. Besides that, it is an online platform that helps reduce operational costs and helps them scale up their business. Zerodha also spends money on advertising or marketing.

    Number of Active Clients in 2023
    Number of Active Clients in 2023

    New data from NSE says Groww, backed by investors like Sequoia Capital and Tiger Global, is now the top player by active clients. It marked the end of Zerodha’s long streak as India’s biggest brokerage firm with the most active users. In September, Zerodha’s market share stayed at 19.4%, but Groww’s went up to 19.9%.

    Zerodha Marketing Strategy | Zerodha Digital Marketing
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    Nithin Kamath – True Beacon

    Nithin, along with his brother, founded True Beacon, an investment management firm. The venture is aimed at ultra-high-net-worth investors and operates on a zero-free model. The Annual Maintenance Contract (AMC) does not charge an account on the grounds of an account opening fee, redemption fee, and maintenance fee. At the end of the financial year, it charges a 10% performance fee on the gains from the investor.

    The Zerodha Universe

    Nithin Kamath – Rainmatter

    Nithin Kamath - Rainmatter Logo
    Nithin Kamath – Rainmatter Logo

    Nithin Kamath’s Rainmatter is a Bengaluru-based financial technology startup fund and incubator founded by Nithin in 2015. The company is an initiative by Zerodha that would ensue funds and incubate innovative startups. Moreover, it has invested in various startups to achieve the goal of growing the Indian capital markets.

    Rainmatter Climate works on funding startups and grassroots organizations working on climate change. As per regulatory filings, Nithin, his wife Seema, and his brother Nikhil have been appointed directors of the venture, Rainmatter Land Development. The paid-up capital for this new venture is INR 10 lakh.

    Nithin Kamath – Personal Investments

    Zerodha CEO Nithin Kamath has made quite a few personal investments and they are mentioned as below:

    Date Company Name Round Amount
    Sep 12, 2023 Pee Safe Series B $3M
    Dec 27, 2022 The Whole Truth Foods Series B $15M
    Aug 26, 2022 GalaxEye Seed $3.52M
    Jul 04, 2022 Climes Seed $1.2M
    Apr 28, 2022 AssetPlus Series A $3.6M
    Mar 28, 2022 Ultrahuman Series B Undisclosed
    Mar 15, 2022 Licious Series F $150M
    Feb 07, 2022 Invact Seed $5M
    Dec 27, 2021 Kalvium Seed $1.7M
    Dec 17, 2021 Kredily Seed Undisclosed
    Oct 25, 2021 BankSathi Seed $533K
    Oct 11, 2021 Stoa Series A $1.6M
    Jul 24, 2021 The Whole Truth Foods Series A $6M
    May 19, 2021 AgniKul Series A $11.1M
    Apr 05, 2021 Even Seed $5M
    Mar 31, 2021 Kudos Finance and Investments Seed $664K
    Mar 20, 2020 ImStrong Seed $397K

    List of Nithin Kamath’s Investments | Companies Backed by the Zerodha Boss
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    Nithin Kamath – Honors & Awards

    Nithin Kamath has received several honors and awards throughout his career. Here is a revised list:

    • Emerging Entrepreneur Award (2014) – Conferred by the Confederation of Indian Industry (CII) in recognition of Nithin Kamath’s entrepreneurial accomplishments.
    • Emerging Brokerage Firm of the Year (2014) – Awarded by BSE and Dun & Bradstreet, acknowledging Zerodha’s emergence as a prominent brokerage firm.
    • Emerging Brokerage Firm of the Year (2015) – Recognized by BSE and Dun & Bradstreet, highlighting Zerodha’s continued growth and success in the brokerage industry.
    • Featured Among Top 10 Indian Businessmen to Watch Out for in 2016 – The Economic Times included Nithin Kamath in this prestigious list during their annual business review, recognizing his influential role in the industry.
    • Forbes India 30 under 30, Finance (2016) – Ranked by Forbes India in their prestigious list of young achievers, specifically in the finance category.
    • Startup of the Year (Bootstrap) 2016 – Awarded by The Economic Times, acknowledging Zerodha’s successful establishment and growth as a bootstrapped startup.
    • IIFL Wealth Hurun India 40 and Under Self-Made Rich List 2020 – Zerodha secured the top position in this list, highlighting the financial success of Nithin Kamath and the company’s achievements.

    These honors and awards serve as a testament to Nithin Kamath’s entrepreneurial prowess and Zerodha’s notable contributions to the brokerage industry in India.

    Nithin Kamath – Fun Facts

    Nithin Kamath’s interests and hobbies add further dimension to his profile. Here’s a revised version:

    • Collecting Memorabilia: Nithin Kamath is known to have acquired a football jersey signed by the legendary footballer Lionel Messi at an auction, showcasing his appreciation for sports and collectibles.
    • Active Lifestyle: Nithin enjoys various physical activities, such as running, cycling, and swimming, which contribute to his active and healthy lifestyle. Additionally, he has a penchant for playing the guitar, showcasing his passion for music.
    • Inspirations: Nithin Kamath has drawn inspiration from notable Indian businessman Azim Premji, appreciating his accomplishments and perhaps incorporating some of his principles into his entrepreneurial journey.
    • Literary Interests: Nithin Kamath is an avid reader, and one of his favorite books is “Market Wizards” by Jack Schwager, indicating his interest in investment and financial literature.
    • Musical Preferences: Pink Floyd is Nithin Kamath’s favorite band, showcasing his appreciation for their music and potentially reflecting his taste for classic rock.
    • Early Trading Experience: Nithin Kamath started his trading journey at the age of 17, demonstrating his early passion for the financial markets.
    • Other Interests: Nithin Kamath is a martial arts enthusiast and also enjoys playing poker, indicating his diverse range of interests beyond the realm of finance and entrepreneurship.

    FAQs

    What is Zerodha owner name?

    Nithin Kamath and Nikhil Kamath are the owners of Zerodha.

    What is Nithin Kamath’s net worth?

    Nithin Kamath’s net worth is $4.5 billion (January 2025).

    What is Nithin Kamath’s salary?

    According to various reports (2023), Nithin Kamath receives a monthly salary of INR 4.16 crore as his basic pay. In addition, he also receives INR 2 crore as a house rent allowance, INR 1.6 crore as other perquisites, and an additional INR 41 lakhs as various allowances.

    What is Nithin Kamath date of birth?

    Nithin Kamath was born on 5th October 1979. Nithin Kamath age is 45 years.

    What is Nithin Kamath education qualification?

    Nithin completed his bachelor’s in electronics and telecommunications from the Bangalore Institute of Technology.

    Who is Nitin Kamath wife?

    Seema Patil is Nithin Kamath’s wife.

    Who is Nithin Kamath’s brother?

    Nikhil Kamath, a co-founder of Zerodha, is Nithin Kamath’s brother.

    Who is in Nithin Kamath family?

    Nithin Kamath is married to Seema Patil, who is also actively involved in Zerodha’s operations. They have a son together. Nithin’s brother, Nikhil Kamath, is his co-founder at Zerodha and handles key business areas like trading and investment strategy. The Kamath family is known for their simple lifestyle and focus on fitness and health.

    Who are Nithin Kamath children?

    Nithin Kamath and his wife Seema Kamath have a son named Kian Kamath.

    What is Nithin Kamath’s mother tongue?

    The mother tongue of Nithin Kamath is Konkani.

    What inspired Nithin Kamath to start Zerodha?

    Nithin Kamath drew inspiration from NSE’s free trading platform ‘NOW’ and recognized the need for disruption in the brokerage industry. He aimed to make trading more accessible and affordable for retail investors, which led to the establishment of Zerodha.

    Who are Nithin Kamath parents?

    Nithin was born in Shivamogga, Karnataka, India, to a Konkani family. His father, Late U.R. Kamath, was employed as one of the executives of Canara Bank. His mother, Revathi Kamath, taught him to play the musical instrument, the veena.

    Is Zerodha good for beginners?

    The flat fee model of Zerodha is as low as Rs. 20, which is why many beginner-level traders prefer Zerodha.

    How can I get started with Zerodha?

    To start trading with Zerodha, you can visit their official website and follow the account opening process. It usually involves providing your personal and financial details and completing the necessary documentation. Zerodha offers online account opening and a seamless onboarding experience.

  • What Is the Role and Function of a Business Incubator in a Startup?

    Small and Medium Enterprises (SMEs) play a vital role in enhancing the standard of living by generating employment opportunities, both in developed and developing nations. Despite numerous studies on business incubators, the significance of entrepreneurial skills in the success of such incubators remains uncertain. Business incubators are instrumental in not only launching startups but also supporting the entire entrepreneurial journey.

    Business incubators have emerged as a valuable resource for startups seeking to overcome business challenges. Business incubators provide startups with the necessary support, resources, and guidance to help them grow and succeed. The primary function of business incubators is to enhance the chances of success for innovative startups and facilitate the entrepreneurial process. Initially, incubators were centered around the IT industry; however, they now collaborate with businesses from various industries and orientations. This article delves into the fundamentals of business incubators and incubation, their significance, the various types of incubation services, and the phases that make up the development of business incubation.

    What is a Business Incubator?
    What is Business Incubation?
    Types of Business Incubators
    How Business Incubation Works
    What is the Role and Function of a Business Incubator?
    Choosing the Right Business Incubator
    Incubators v/s Accelerators

    What is a Business Incubator?

    A business incubator is an organization or program that is designed to support the development and growth of startup companies. They provide services such as management training, mentorship, co-working space, networking opportunities, access to funding, and much more. Business incubators are perceived to be the mainstay of economic development programs. They create value by combining the entrepreneurial drive of startups with the resources generally available to new ventures.

    The people working for a business incubator perform intensive research before supporting or funding startups. The primary objectives of business incubators are creating employment opportunities in the local economy and commercializing technologies.

    The National Business Incubation Association (NBIA) defined Business Incubators as a Regional and National Development catalyst tool.

    The whole idea behind business incubators is to offer a range of business development services, full access to small spaces on flexible terms, and to meet the needs of new firms. The services offered by a business incubator are designed to enhance the success and growth rate of new enterprises, maximizing their impact on economic development.

    The number of incubators has grown considerably in recent years. This rise is attributed to factors such as corporate downsizing, increased entrepreneurship, new technologies, economic globalization, and the transfer of technology.

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    Unlock Your Startup’s Potential with Our Exclusive Investor Lists and Resources

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    What is Business Incubation?

    Business Incubation is the name given to the process that involves supporting the development and growth of startups through the provision of various resources and services. The goal of business incubation is to help startups overcome the initial hurdles that come with starting and growing a business. There are numerous startups working on revolutionary ideas. But these ventures often need assistance. Business incubators provide this much-needed support. The goal of incubation in a nutshell is to increase the success rate of emerging startups and entities.

    Types of Business Incubators

    There are seven main types of incubators prevailing in the market today. These are:

    1. Corporate Incubators

    Their objectives are to enhance entrepreneurial skills and to help startups keep up with other industries/competitors. Corporate incubators target internal and external projects related to the activities of the company. The most common challenge corporate incubators face is the conflict between top-level executives and committees regarding objectives and management-related decisions.

    2. Local Economic Development Incubators

    They work on economic development by supporting SMEs and specific groups for the overall upliftment of society. These groups include small enterprises, handicraft-related businesses, and locally-sourced companies. Governance risk, volatility in management quality, long hours of negotiation, and conflicts are often associated with such incubators.

    3. Private Investors’ Incubators

    They assist high-potential businesses (such as technology-intensive startups) and then reap benefits by selling shares. These incubators lag in terms of quality and durability.

    4. Academic Incubators

    They offer new sources of finance while supporting the entrepreneurial spirit and focusing on civic responsibility. Academic incubators target external projects and projects internal to academic institutions.

    5. Venture Capital Incubators

    Venture capital firms have become a popular topic in the business world lately. They see incubators as a way to generate profits, and thus invest in new companies or offer funding in exchange for a share or ownership in the company. These firms may also provide management teams with access to angel investors and financial management as part of their incubation package.

    6. Kitchen incubators

    Kitchen incubators provide a safe space for entrepreneurs, chefs, and restaurateurs to develop their ideas. They offer a commercial kitchen or kitchen space where they can experiment with specialty foods, create new restaurant concepts or even start a ghost kitchen. Kitchen incubators are similar to other business incubators as they support and guide the development of “kitchens” from the initial stages to the full launch. Throughout the process, they provide mentorship, access to funding, and educational opportunities.

    7. Social Incubators

    A social incubator is an organization that fosters and supports individuals with innovative ideas for businesses that can bring positive change in the world. These businesses could be non-profit organizations or companies that aim to create products or services that contribute to environmental sustainability or social progress in society.

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    How Business Incubation Works

    The process of business incubation typically involves several stages:

    1. Application: Startups apply to a business incubator program by submitting an application and business plan. Some incubators have selective application criteria, while others may have a broader range of eligibility criteria.
    2. Screening: The incubator reviews the application and business plan to determine if the startup is a good fit for the program. The screening process may involve an interview or presentation by the startup.
    3. Incubation: Once accepted into the program, the startup works with the incubator to develop and execute its business plan. The incubator provides the startup with access to resources, mentorship, and other support services to help them achieve their goals.
    4. Graduation: Once the startup has achieved its goals and is ready to operate independently, it graduates from the program. Graduation typically involves leaving the incubator’s physical space and resources but may still involve ongoing mentorship and networking opportunities.

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    What is the Role and Function of a Business Incubator in Startup Growth?

    Incubators provide resources and services to entrepreneurs, including working space and offices, technical expertise, management mentoring, assistance in compiling an effective business plan, shared administrative services, technical support, business networking, and advice on intellectual property, sources of financing, markets, and strict admission/exit rules.

    An incubator concentrates its effort on helping innovative and fast-growth startups that are likely to have a significant impact on the local economy. The role of business incubators in this context is pivotal, as they provide a supportive ecosystem and resources that empower these startups to thrive and contribute substantially to economic development.

    Some of the Roles and Functions of Business Incubators Include

    • They guide startups/ventures on how to compete with established industry players.
    • Business incubators help with the basics of business.
    • They provide networking activities.
    • They help startups save on operating costs.
    • Incubators provide marketing assistance.
    • Incubators help with market research.
    • They provide high-speed internet access.
    • They create long-lasting jobs for new graduates, experienced mid-career personnel, and veteran executives.
    • Incubators help with accounting/financial management.
    • They provide access to bank loans, loan funds, and guarantee programs.
    • Incubators bring credibility to the company. This helps the company receive loans and credit facilities from financial institutions.
    • Incubators help with presentation skills.
    • They have a strong network of influential people who can connect startups/ventures with established businesses and individuals.
    • They provide access to higher education resources.
    • Incubators can tap into their networks of experienced entrepreneurs and retired executives.
    • They link companies with strategic partners.
    • They provide access to angel investors and venture capital.
    • Business incubators organize comprehensive business training programs.
    • They act as advisory boards and mentors.
    • They help in management team identification.
    • They offer marketing and PR assistance to new companies for brand establishment.
    • They help with business etiquette.
    • They provide technology commercialization assistance.
    • They help with regulatory compliance.
    • They provide intellectual property management.
    • They create jobs for mid-career personnel and veteran executives, benefiting communities and driving economic growth.

    Features of Business Incubators

    • Industry-Specific Expertise: Some incubators offer specialized support tailored to specific industries.
    • Access to Research and Development Resources: Incubators offer startups R&D facilities for research, prototyping, and testing without high upfront costs.
    • Government Liaison and Advocacy: Business incubators assist startups with regulatory frameworks and foster government connections to streamline processes and address challenges.
    • Global Market Expansion Support: Incubators help startups go global by providing market insights and partnerships.
    • Corporate Partnerships: Incubators partner with corporations to offer startups resources, mentorship, and collaboration opportunities.
    • Focus on Sustainable Practices: Some business incubators prioritize eco and social responsibility. The role of the incubation center in this context is crucial, as it plays a pivotal role in fostering a supportive environment.
    • In-House Acceleration Programs: Some programs offer an accelerated phase with intensive mentoring, resources, and a condensed timeline to rapidly move startups toward scalability.
    • Exit Strategy Support: Incubators can assist startups with exit strategies like IPOs, mergers, or acquisitions for a smooth transition to the next phase of growth.
    • Market Intelligence Services: Startups can access market research, trend analysis, and competitive intelligence.
    • Incubator Alumni Network: A strong alumni network fosters collaboration and mentorship among successful graduates of the incubator program.

    Choosing the Right Business Incubator

    • Understand Your Needs: Before picking an incubator, know what your startup needs. Incubators focus on different areas, so you need to identify the resources, mentorship, and networks that will help your business grow.
    • Research Incubators: Look into different incubators to find one that matches your business. They’re often supported by local schools, governments, or business organizations and offer more than regular business programs, focusing specifically on startups.
    • Evaluate Benefits and Costs: Once you have options, compare what each incubator offers against its costs. Incubators usually provide services for 1-2 years and may charge fees or take equity in your business. Make sure the benefits are worth the cost.
    • Make the Decision: After evaluating your options, choose the incubator that best fits your needs. The right choice can provide the resources, mentorship, and connections to help your startup succeed.

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    Incubators v/s Accelerators

    Business Incubators Business Accelerators
    Assist ventures with both long-term and short-term growth. Assist ventures only for short-term growth and that too for a small duration.
    Allow companies to grow at their own pace. Companies are under pressure to grow quickly.
    Are generally non-profit organisations. Are usually for-profit organisations.
    May not be able to offer access to funds. Offer access to funds and are also known as angel investors.
    Don’t promise extensive growth to ventures. Promise substantial growth to ventures.
    They provide services such as Office space, mentorship, networking opportunities, business development support. They provide services such as Mentorship, networking opportunities, access to funding, training, and education

    Overall, business incubators are more focused on providing long-term support to early-stage startups, while accelerators typically work with startups that already have some traction and are looking to rapidly grow their business. Incubators may offer a broader range of services and have less selective application criteria, while accelerators are typically more focused on funding and may require equity in the startups they work with.

    Startup Incubators and Accelerators: Definitions, Differences and Benefits

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    Conclusion

    The performance of business incubators is often affected by incompetence in business management, financial handling, human resource management, and the lack of interpersonal and people skills.

    With regard to the role of incubation centers in entrepreneurship development and the skills required for them to be efficient, several studies revealed that administration, technical, financial management, marketing, human resource management, and interpersonal skills were extremely important.

    Access to advanced technology-based facilities, self-sustainability measures, support structures, and funding were found to be the major challenges confronting business incubators. It is also recommended that incubation managers who lack the necessary entrepreneurial skills enroll in business courses at local colleges or universities.

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    FAQs

    What is an incubator in the startup ecosystem?

    Business incubators provide resources and services to entrepreneurs, including working space and offices.

    What are the types of business incubators?

    Types of business incubators include corporate incubators, academic incubators, local economic development incubators, and private investors’ incubators.

    What is the role of an incubator in startup?

    Business incubators provide networking activities, help startups save operational costs, help with presentation skills, and get access to loans and funding.

    What is the primary purpose of a business incubator in entrepreneurship?

    Business incubators provide startups and entrepreneurs with the funding they require and provide access to industry mentors.

    When was the first business incubator started?

    The first business incubator was started in 1959 by Joseph L. Mancuso. It was opened at the Batavia Industrial Center in Batavia, New York.

    How long does a startup typically stay in a business incubator?

    The length of time a startup stays in a business incubator can vary depending on the program and the needs of the startup. Incubator programs can range from a few months to several years.

    Do business incubators provide funding for startups?

    Many business incubators offer startups access to funding sources, including seed funding, venture capital, and other types of financing. However, not all incubators provide funding, so it’s important to research individual programs to determine their offerings.

    What types of mentorship do business incubators offer?

    Business incubators offer various types of mentorship, including one-on-one mentoring from experienced entrepreneurs and industry experts, as well as group mentoring and peer-to-peer mentoring opportunities.

    How do I apply to a business incubator program?

    To apply to a business incubator program, startups typically need to submit an application and business plan. Some incubators may also require a presentation or interview as part of the application process.

    Describe the functions of the incubation centre?

    The startup incubation centre acts as a catalyst for growth, providing necessary resources, mentorship, and a collaborative workspace. It fosters innovative ventures, accelerates their development, and creates a supportive ecosystem for entrepreneurial success.

    What is the role of incubator in startup?

    An incubator helps startups by providing resources, mentorship, and networking opportunities. It supports early-stage businesses with guidance, funding options, and a collaborative environment to grow and succeed.

  • How to Get Pre-seed Funding for your Startup in India?

    The era of startups and business has dramatically changed in the past decade and especially after the Covid-19 pandemic. Hence, it is very important for all of us to know and understand what the funding landscape looks like today and in the future. Earlier, the only goal for businesses and entrepreneurs was to get Series-A funding. If one did not have enough traction, the only way forward was bootstrapping.

    Fortunately today, startup investing has become more competitive and new level funding categories have made their way to the market. One of the increasingly popular funding ways for emerging companies and businesses is Pre-seed funding. This funding requires you specific preparation so as to set yourself and your business up for growth and success.

    The Pre-seed investors have been a boon to the startups as they allow them to raise the funds which they require and bring minimal viable products (MVPs) to life. This article is a guide for you to know what Pre-seed funding is and how to get pre-seed funding for your business or startup in India.

    What is Pre-seed funding?
    How to Get Pre-seed Funding in India?
    Where to find Pre-Seed Investors in India?

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    A step-by-step process of fundraising

    What is Pre-seed funding?

    In order to help a startup to start with its primary and base operations, an investor makes a small investment into the business. These investors or individuals invest in the business when they know the founder personally or hold strong faith in the business idea. This activity of investing is known as pre-seed funding.

    There are many platforms that provide pre-seed funding in return for a stake in the startup or the business idea. Pre-seed funding can also be obtained through crowdfunding.

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    How to Get Pre-seed Funding in India?

    It might sometimes seem nerve-racking for you to meet the pre-seed investors as in the initial stage one might not see the vision you carry. Like any other funding round, your key is to have your finances organized and have a clear business plan that will be used by you. Here are the tips through which you can acquire Pre-seed funding.

    Have Financial and Profitable Clarity

    At this stage, it is very important that you set an easy and clear outline of your business’s path to profitability. If you have a clear and thoughtful business plan that serves as a long-run road map for your startup then there are chances of you grabbing the investment.

    If you keep your financial estimates attainable and concise; put emphasis on the business strategy and transparency; prove your credibility, you can win the investor’s trust and funding.

    Keep your Business Proofs Ready

    When you pitch in front of investors, the key to winning the investment is that you show proof of success for your business idea. Test your business idea in the market, communicate your assumptions clearly, and transparently share your business plan with the investors will help you to get the pre-seed funding for your startup.

    Vouch for your Intellectual Property

    Even when you do not have any cash in hand and hard assets for your business, you can show your credibility to the investors. One of the best ways to do this is to make them believe in your intellectual property.

    If you are able to demonstrate your business idea effectively and ensure the investors that you will work towards your brand and will protect them from infringement by other business entities, you show your company’s credibility to them and make your pitch more investable.

    Show your credibility

    One of the most effective ways to show your worthiness is to be clear and confident about your past records and professional accomplishments. It is important that you present all the sources of funding that you would have acquired in the past (if any), and present all the successes that you have had in the past. Become very sure to explain to the investors how you were successful and support it with tangible and quantifiable evidence.

    Where to find Pre-Seed Investors in India?

    After you have got to know about the steps to acquire Pre-seed funding, you need to now find the investors. This is one of the most challenging parts for many entrepreneurs.

    Today’s investors do not accept unsolicited pitches and usually, they let them pitch you after an introduction from someone within their network. Here you will find a few ways to get your business to those who will invest in it and can fund it.

    Family & Friends

    Using your personal connections and network to invest in your business in the initial stage is a very flexible and safe option for pre-seed funding. People who have seen your journey, dedication, and passion will be willing to put funds into your ideas. If your friends and family see potential in you and your startup idea, then they would be definitely investing their money in your business.

    Pre-seed Funding Platforms

    Number of early-stage venture capital deals worldwide
    Number of early-stage venture capital deals worldwide

    In the industry, there are many pre-seed funding platforms that encourage businesses and startups at their base-development stage by providing them with small amounts of funds to initiate their business activities. Through Pre-seed funding platforms, your business will get an opportunity to start your operations and get access to the market.

    A few common Pre-seed funding platforms include:

    • Unitus Seed Fund
    • Infuse ventures
    • Kae Capital
    • Blume Ventures

    Crowdfunding Platforms

    Crowdfunding is an excellent way to generate pre-seed funds for your business or startup. Though equity-based crowdfunding is illegal in India, donor-based and reward-based crowdfunding options are entirely legal. Raising a small amount of money from large masses through crowdfunding platforms can be a good way of acquiring pre-seed funds for your venture.

    Business Incubators

    There are various incubators in the industry who are willing to make small-scale investments into startups and businesses in the form of pre-seed investments. Their aim and motive are to support and assist early-age entrepreneurs in pursuing substantial market opportunities. In India, a few great incubators are:

    • Advantage
    • Seedfund
    • StartupXseed
    • Incubate Fund India
    • Better Capital Labs

    Pitch Competitions

    One of the best ways to get in front of investors is to participate in pitch competitions. All you need to do is practice your pitch, mark a good impression, prove yourself and strike a pre-seed funding deal. Such startup pitch competitions have become very common today and it is a very good way of winning funds for your business idea.

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    Conclusion

    Although anyone can bootstrap, some unique and revolutionary ideas need Pre-funding to be invested in the idea. Some people give up on their dream because they think getting pre-seed funding is near impossible and in fact, magical. But not the real entrepreneurs. They hustle, plan and reach the best person who believes in their ideas and invests in them. They find such people by strategizing and expanding their network, at the same time.

    Remember, you can reach anyone. There is a difference of only 6 people between you and that person. And if you keep expanding your network, you will reach that perfect investor who actually believes in your idea and invest in it.

    FAQs

    What is Pre-seed funding?

    In simple words, Pre-seed funding is the capital needed to start any business. It is acquired by investors to develop the business in return for equity in the company.

    What is the average amount of pre-seed funding in India?

    Most startups expect $500,000 or less pre-seed funding from investors.

    How much equity is given in the seed rounds?

    Most founders usually sell 10% to 20% equity in seed rounds.

    Where can entrepreneurs find Pre-seed funding?

    Entrepreneurs can find Pre-seed funding from several sources:

    • Family & Friends
    • Pre-seed Funding Platforms
    • Crowdfunding Platforms
    • Business Incubators
    • Pitch Competitions

    How to get pre-seed funding in India?

    Some tips to get pre-seed funding in India:

    • Have Financial and Profitable Clarity
    • Keep your Business Proofs Ready
    • Vouch for your Intellectual Property
    • Show your credibility

  • List of Top 24 Startup Incubators & Accelerators in London (UK)

    From being known as one of the world’s greatest cosmopolitan cities to the second-most connected startup ecosystem across the world, London has come a long way. There is no doubt that London has experienced a rapid rise in startup incubator and accelerator programmes in the past few years, surpassing any other European city. This growth, with the absolute diversity of skills available, makes London a perfect place for entrepreneurs to build their startups.

    Let’s take a look at the following list of best startup incubators and accelerators in London.

    OneDay.io
    Bethnal Green Ventures
    Activate Capital
    Barclays Accelerator
    Entrepreneur First
    Collider
    Founder Institute London
    Hatch Enterprise
    CyLon
    Founders Factory
    JLAB Accelerator
    Level39
    WeWork Labs
    Wayra
    The Bakery
    Techstars
    Startupbootcamp InsurTech
    Seedcamp
    RocketSpace
    Platform-X
    Oxygen Accelerator
    Microsoft Scaleup
    L Marks
    InMotion Seed Programme
    Launch22

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    Are Startup Accelerators Worth It?

    OneDay.io

    OneDay.io isn’t your typical startup incubator. It is a more practical option for a university which wants to help those 50% of the population who want to become entrepreneurs rather than pursuing unappealing careers. Many people eventually become self-employed, enabling them to do what they love every day and fulfill their aspirations!

    OneDay.io assists people in achieving their objectives by matching them with a mentor who helps them develop their companies by offering guidance and instructions based on their own successful experience. Additionally, Oneday.io includes a virtual network called “OneDay community” that enables new users to communicate with each other and ask fellow entrepreneurs and trainers for help and guidance on building a business.

    OneDay also offers case studies of many other founders outlining how their firms succeeded, enabling aspiring entrepreneurs to gain knowledge from the achievements of other founders.

    Bethnal Green Ventures

    Bethnal Green Ventures focus on the startups working in the market sectors such as Social, Education, Healthcare, GreenTech and WorkerTech to provide funding and support. Their requirements from the startups are an innovative idea and a team that is ambitious to impact millions of lives and scale up the startup.

    Bethnal Green Ventures Website - A startup incubator in London
    Bethnal Green Ventures Website

    Bethnal Green Ventures deals with an investment of £20,000 in cash for an equity stake of 6%. They will provide the startups with mentorship programmes, workshops, workspace, access to investors and industry experts, etc.

    Few startups they have supported are AirPublic, Skin Analytics, Commonplace, Workerbird, Health VR, GoodGym, Ally Chatbot and many more.

    Activate Capital

    Activate Capital focuses on the startups working in Digital platforms to provide funding and support. Their requirements from the startups are to be an entrepreneur with a brilliant digital idea.

    Activate Capital’s terms for their deals or their Programme is divided into three phases:

    • The Foundation Phase is where they help the startups to validate their ideas and create the business model.
    • The Traction Phase is where they let the startups create a Minimum Viable Product (MVP) and go through user testing.
    • The Build Phase is where the startups will be able to build, launch and scale their product. The investments and the equity stake varies depending on the program phase.

    OneDay.io

    Barclays Accelerator

    Barclays Accelerator focuses on FinTech startups to provide funding and support. Their requirements include innovative entrepreneurs and startups focused on the FinTech industry.

    Barclays Accelerator Website - A Startup incubator in London
    Barclays Accelerator Website

    Barclays Accelerator’s terms and conditions for their deal is an investment of £120,000 for an equity stake of 6%. The selected startups will have an opportunity to gain access to workshops and events.

    They will be able to work at Rise London and Barclays Eagle Labs’ makers’ lab. They will also be able to receive mentorship from the industry leaders.

    Some of the startups they have supported are BaseStone, Oathello, Shieldplay, Stockfuse, Cuvva and many more.

    Entrepreneur First

    Entrepreneur First focuses on all tech or tech-enabled businesses to provide funding and support. Entrepreneur First chooses people on the basis of their ambition, potential and willingness to make a significant impact.

    Entrepreneur First Website - A startup incubator in London
    Entrepreneur First Website

    The terms and conditions of their deal is an investment of £80,000 for an equity stake of 10%. They will help the people to build cohesive teams and develop ideas. The teams will get an opportunity to work with experienced industry leaders and also be able to pitch in front of the investors.

    Some of the startups they have supported are Beyond, Affable, Hydroleap, Marble, CodeREG, Represent and more.

    Collider

    Collider focus on the startups working in the Commerce, AdTech and Marketing sectors to provide funding and support. Their requirements include entrepreneurs who want to develop their ideas and the ones with amazing mad tech talent.

    Collider’s terms of their deal is an investment between 50,000€ -100,000€ and access the mentorship of the Collider network for life.

    Some of the startups they have supported are Beem, Cooala, Duel, Tailify, Unrival and more.

    Founder Institute London

    Founder Institute London is a pre-seed accelerator. They focus on all tech or tech-enabled businesses to provide funding and support. They welcome both teams and solo founders at the pre-seed levels as well as those with the ideas or at the initial stage of the company.

    Founder Institute London Website - A startup accelerator in London
    Founder Institute London Website

    Founder Institute London’s terms and conditions of their deal is to support and create a strong support network. They will have to contribute 4% of their equity stake to a shared pool. Any financial returns received are then shared equally with the alumni, founder institute, program mentors and local leaders.

    Some of the startups they have supported are Udemy, TravelCar, Realty Mogul, Appota, Ovamba and many more.

    Hatch Enterprise

    Hatch Enterprise provides funding and support to the startups working in the Social Inequality Issues. They look to work with social enterprises, female founders and young entrepreneurs from disadvantaged communities.

    Hatch Website - A startup incubator in London
    Hatch Website

    Hatch Enterprise offers three programmes: Launchpad, Incubator and Accelerator to develop the idea and grow the startup. The startups also get access to workshops, mentoring and coaching, coworking space with support and access to a network of fellow entrepreneurs.

    Some of the startups they have supported are Built by Us, Hemp and Williams and Snact.

    CyLon

    CyLon provides funding and support to the startups working in the field of Cybersecurity. They look to work with startups that have a Minimal Viable Product (MVP) and be able to help in securing the digital economy with their innovative ideas.

    Cylon Website - A startup incubator in London
    Cylon Website

    Some of the startups that they have supported include CyberSparta, CyberSmart, Senseon, Tessian, BitNinja, Meterian and many more.

    Founders Factory

    Founders Factory focuses on all tech or tech-enabled businesses to provide funding and support. They look for entrepreneurs who want to start or scale their businesses.

    Some of the startups they have supported include LuckyTrip, Sampler, Vidsy and much more.

    Founders Factory Explained

    JLAB Accelerator

    JLAB Accelerator focuses on the startups that work in the Retail Tech sector. They look for entrepreneurs or startups who want to bring considerate changes to the retail industry.

    They provide mentorship and advice from the industry leaders and a marketplace to test your products or prototypes. Some of the startups they are working with are Memomi, Ruuby and more.

    Level39

    Level39 focuses on Cybersecurity, Retail Tech and FinTech startups to provide funding and support. They look for ambitious entrepreneurs and innovative startups who are aiming for growth.

    They conduct networking events, mentorship programmes, meetups and co-working spaces. Some of the startups they have worked with are Motive Partners, Revolut, etc.

    WeWork Labs

    WeWork Labs focuses on all tech or tech-enabled businesses to provide funding and support. They also focus on sectors like FinTech, Food Labs, Mobility Labs and Blockchain Labs. They help startups in scaling up their business on a global level.

    Wework Labs - A startup incubator in London
    WeWork Labs

    WeWork Labs does not take any equity in return for their service but the startups or the entrepreneur will have to pay a monthly membership fee. Nothing more than that.

    Wayra

    Wayra focuses on all tech and tech-enabled businesses to provide funding and support. They search for entrepreneurs who are innovative and wants to create a difference in the market.

    Wayra website - A startup incubator in London
    Wayra website

    They provide different programmes such as mentorship, investor networks, workshops, etc. and also an investment of up to $50,000 to scale the startups.

    Some of the startups they have worked with are Hospify, Cybershield, TravelAI, etc.

    The Bakery

    The Bakery also focuses on the startups that are working in tech or tech-enabled businesses. They look for entrepreneurs, innovators, early-stage startups and late-stage startups with innovative and disruptive ideas.

    They have 3 different programs: the start programme, partner programme and the accelerate programme. Some of the startups they have worked with are Qriously, Flourish, Bulbshare, etc.

    Techstars

    Techstars focuses on all tech or tech-enabled businesses. They look for teams that are balanced and strong with a wide range of skill sets.

    Some of the notable startups they have worked with are Coconut, Memgraph, etc.

    Techstars website - A startup incubator and accelerator in London
    Techstars website

    Startupbootcamp InsurTech

    Startupbootcamp InsurTech’s market of focus is Insurance Technology. They look for startups that are at their early stage with the innovative technology in the Insurance sector.

    They offer services such as office parks, investor networks, training from industry experts, etc. Some of the startups they have worked with are Relayr, Valoo, etc.

    Seedcamp

    Seedcamp helps all tech or tech-enabled businesses with startup support and funding. They look for entrepreneurs who are innovative and are trying to solve problems in the larger market sector.

    Seedcamp Website - A startup accelerator in London
    Seedcamp Website

    They provide funding of up to £100,000 for an equity return of 7.5%. They also provide networking sessions, mentorship programmes, etc. Some of the startups they have worked with are Monese, wefox, etc.

    RocketSpace

    RocketSpace focuses on startups based on sectors like Food and Agri Tech & Mobility Tech to provide support and funding. Its program is designed for later-stage startups who are willing to grow their business.

    They offer mentorship programmes, access to industry leaders for investment opportunities without any equity requirements. Some of the startups they have worked with are Leap Motion, Uber and many more.

    Platform-X

    Platform-X focus on the startups that are working in the market sector which include tech or tech enables businesses to provide support and funding. They look for startups that are innovative and wants to bring a change in the market that requires a platform to grow and develop their services and products.

    Platform-X website - A startup accelerator in London
    Platform-X website

    They provide an investment of up to £25M with no equity in return. They also provide mentorship programmes and co-working spaces. Some of the startups they have worked with are RotaGeek, Living Lens, etc.

    Oxygen Accelerator

    Oxygen Accelerator focuses on the startups that are working in the market sector which include all tech or tech-enabled businesses to provide support and funding. They look for startups with innovative ideas and that can create a high impact in the market.

    Oxygen Accelerator Website - A startup accelerator in London
    Oxygen Accelerator Website

    They provide an investment of up to 21,000€ for equity of 8%. The startups will receive access to mentors and investor networks. Some of the startups they have worked with are Reality Games and Vidsy.

    Microsoft Scaleup

    Microsoft Scaleup focuses on all tech or tech-enabled businesses to provide support and funding.

    Microsoft Scaleup Website - A startup accelerator in London
    Microsoft Scaleup Website

    They provide startups with mentorship and advice from industry experts and Microsoft sales experts. They also get access to Microsoft events. Some of the startups that they have worked with are GoSlope, Openhour, etc.

    L Marks

    L Marks focus on the startups that are working in the market sector which include tech or tech enables businesses to provide support and funding. They look for early and growth-stage startups with innovative ideas.

    L Marks website - A startup accelerator in London
    L Marks website

    They offer programs that include mentorship programmes from industry leaders, perks from support partners, etc. Some of the startups they have worked with are Winkapp, Ping and more.

    InMotion Seed Programme

    InMotion focuses on sectors like mobility, travel and transportation to provide support and funding. They look for startups and entrepreneurs with innovative and disruptive ideas.

    They invest in startups from the seed stage to Series B level globally. Some of the startups they have worked with are VALIDATED, Transit, Zeelo, etc.

    Launch22

    Launch22 is an incubator and coworking space that helps entrepreneurs to accelerate to the next level. They offer 3 months program with mentoring and networking events to help your idea and business succeed.

    Conclusion

    These are the list of top Incubators in London. Startups are receiving significant investments from local capital in the UK and a lot of startups have been setting up in the country. Due to its continuous support towards startups, UK has been seen as bringing their ideas into reality.

    FAQs

    How many incubators are there in the UK?

    There are 343 Accelerators & Incubators in the United Kingdom.

    Should you join a Startup Incubator or Accelerator?

    Startup Incubator or Accelerator helps the startup at the initial stage to take their business to a higher level. They provide guidance, mentoring, funding, infrastructure, coworking space, investors, etc. to startups in order to scale their business. They can be a good source of advice for early-stage startups.

    What is the difference between an incubator and an accelerator?

    In simple words, Accelerators focus on scaling a business while incubators focus on innovation.

    Which are the top startup incubators and accelerators in London?

    Here’s the list of top startup incubators and accelerators in London.

    • Bethnal Green Ventures
    • Activate Capital
    • Barclays Accelerator
    • Entrepreneur First
    • Collider
    • Founder Institute London
    • Hatch Enterprise
    • CyLon
    • Founders Factory
    • JLAB Accelerator
    • Level39
    • WeWork Labs
    • Wayra
    • The Bakery
    • Techstars
    • Startupbootcamp InsurTech
    • Seedcamp
    • RocketSpace
    • Platform-X
    • Oxygen Accelerator
    • Microsoft Scaleup
    • L Marks
    • InMotion Seed Programme
    • Launch22

  • Top 6 Startup Incubators in Kolkata

    Kolkata is prominently known for its culture and creativity. With its incredibly talented people, tradition and culture, it is one of the very fascinating cities in India. But, have you ever considered it the right place for startups? No, right! But, to boost your knowledge, Kolkata is the hub of incredible startups in India. With the evolving generation, this city has encouraged numerous innovative startups that came out to be a great success.

    In India Hyderabad, Bangalore and Pune are considered the top cities for their innovative technical endeavor. However, over the past few years, Kolkata has grown into the hub for the most exclusive startups in India. And, for the support of these startups, Kolkata has been developing great assistance from the incubators.

    There are tons of creative ideas and innovative business models being prepared every year in Kolkata. It provides technical and financial assistance as well as a great customer source by its people. Kolkata has raised a massive increase of entrepreneurs, advanced businessmen, investors and others belonging to the market field. These have initiated the wave of creation and innovation in Kolkata.

    With the massive increase in the number of startups in Kolkata, it has provided some great incubators that offer guidance, mentorship, financial and physical help, and many more services to the startups.

    In this article, we present you with some of the Top startup incubators in Kolkata.

    Kolkata ventures
    Neotec Hub
    Freeset Business Incubator
    IIM-C Innovation Park
    Fincubation
    Tata Social Enterprise Challenge Incubation
    FAQ

    Kolkata ventures

    Kolkata ventures Website
    Kolkata ventures Website

    The Indo-US collaboration, Kolkata ventures, built to increase and grow entrepreneurship in India. It is well known for its incredible virtual incubation programs to strategize your business model and support the initial stages of your business to make it grow and compete in the market.

    Kolkata ventures help you to develop and scale up with the guidance of experts and also, provides you with access to various resources that are required for the startup without any worry about working from a particular locale.

    Kolkata ventures offer some incredible startup resources that include Technical development, UI/UX designing, HR, legal analysis and many more. Also, it looks after the proper guidance and resources that the startup could get, especially from companies like Amazon Web Services, Google and Paytm. These companies invest in startups for over $5000 per month. Kolkata ventures focus on providing the best mentorship and guidance to different startups.

    Neotec Hub

    Neotec Hub Website
    Neotec Hub Website

    The very prominent startup incubator, Neotec Hub is supervised and backed by Ambuja Neotia Group. Neotec Hub was founded in the year 2017 in Kolkata and has served several startups with its amazing services and offers.

    Neotec Hub works by organising a long program of around 12 months which focuses on providing several incredible developing strategies and offers. These include access to workspace, networking opportunities, offering mentorship, funding, and access to market leaders. Neotec Hub has served many startups and gave promising outcomes.

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    Freeset Business Incubator

    The very empowering and leading startup incubator in Kolkata, Freeset Business looks after the challenges faced by communities with chronic poverty. It provides them with economic development and empowerment by offering employment to them.

    Freeset Business Incubator has been working for a huge range of services and offers to support the employer and development agencies that create employment for such communities.

    Freeset Business Incubator is a very prominent business incubator and looks for investing in the meaning of employment opportunities. It has been serving many great programs that include:

    • Business Development
    • Vocational training
    • Preparation for job

    IIM-C Innovation Park

    IIM-Calcutta Innovation Park (IIMCIP) is well known for its incredible service of incubation programs. It was formed by the patronage of IIM Calcutta. IIM-C Innovation Park works by encouraging young people to bring innovative ideas and supports the entrepreneurs for their business research and development.

    IIM-C Innovation Park aimed to incubate more than 100 startups by 2020 in Kolkata. It encourages and supports startups with various services such as funding, provides knowledge, network services, mentoring and guidance. These are the basic requirements for any startup to grow and begin its way to success.

    Fincubation

    The very promising and resourceful incubator, Fincubation, counts the financial professionals within itself. Initiating a business in the financial sectors could be very tacky but contributes quite significantly to the economy of India.

    Fincubation was built by a group of IIM, IIT alumni and it promotes entrepreneurs with their exclusive business model and idea for financial technologies. Fincubation provides proper guidance and support with several programs and services that include:

    • Guidance from an expert at the initial stage of business,
    • Assistance in fundraising,
    • Mentorship from IIM Alumni (entrepreneurs),
    • Expression of infrastructure for administering any business, and
    • Facilities to develop your business into a big brand.

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    Tata Social Enterprise Challenge Incubation

    Tata Social Enterprise Challenge Website
    Tata Social Enterprise Challenge Website

    The very promising and developing Tata Social Enterprise Challenge Incubation is an incubation program offered by the partnership of Tata and IIMC. It was founded in the year 2012 in Kolkata, India. It has served several startups with its various forms of offering and assistance.

    Tata Social Enterprise Challenge Incubation works for the development of startups by fulfilling the proper basic requirements. It serves by providing membership, connections to funding sources, physical as well as virtual incubations, networking, several training programs, proper open workspaces, legal/IT/Secretarial services, and much more other assistance and services.

    FAQ

    What is the biggest incubator in India?

    Cisco Launchpad is one of the biggest Startup Incubator in India.

    What are incubators in startups?

    Startup incubators help startups grow their business. Incubators are usually non-profit organizations, which are usually run by both public and private entities.

    How many startup incubators are there in India?

    There are a total of 250 Startup incubators in India.

    Conclusion

    Entrepreneurs face numerous kinds of challenges such as resources oriented issues or social and political issues. Therefore, Kolkata provides its entrepreneurs with extremely beneficial services.

    It prepares its startups (technical based) in such a manner that it gathers the interest of several international as well as domestic investors and also, to the audience who are willing to spend their money for exploring a great deal of advanced products and services.

    Therefore, the rise of startups in Kolkata is the beginning of a new era that would surely develop the city with advanced technologies.  That’s why it’s becoming the hub of startups. And for these startups, tons of incubators and accelerators are building. Kolkata offers a great opportunity for entrepreneurs to build their career and business.

  • Top 5 Startup Incubators in New York you should consider in 2021

    New York is well-known for its incredible facts as being one of the world’s biggest cities. Also, the leading financial capital counted in the world. New York is one of the hottest cities for starting a startup. With more than thousands of creative and innovative ideas in mind, the city is filled with absolute talent and even more huge customer sources.

    New York is considered the hub of the most exclusive and hot startups. For such purposes, New York City has gathered and built tons of incubators and accelerators. These are rising and gaining more fame around the startup teams and communities.

    Incubators are an essential requirement for startups to develop more prominently by building and designing different programs. Also, it provides the necessary initial guidance and resources that are very essential for any startup business.

    The biggest advantage that comes with incubators are you get to engage and explore several other entrepreneurs and mentors who guide you perfectly with their experiences and business skills. These become very important for any startup to grow and develop.

    In this article, we present you with some top incubators that are available in New York City. Stay tuned!

    Urban Future Lab
    The Grand Central Tech
    FinTech Innovation Lab
    Business Incubator Association
    Innovate518
    FAQ

    Urban Future Lab

    One of the very promising and leading startup incubators in New York City which works for the cleantech businesses. This startup incubator holds on to the concept of combining capital, people and purpose. Urban Future Lab has been very promising with its clients and has received several appreciation and success.

    There are around 62 startups that are incubated through Urban Future Lab. Also, they have raised more than $670 million of funding for young businesses. It focuses on earning potential and sustainable company and has a success rate of 87%. Urban Future Lab is very popular startup incubator in New York City and working for more development worldwide.

    The Grand Central Tech

    The Grand Central Tech is known for its incredible services of no renting and no equity. This is widely popular among entrepreneurs as it offers several programs such as a one-year startup in residence. It attracts and gathers some great business startups. If counted, The Grand Central Tech has incubated more than 95 startups. And, these startups have raised funding from various venture capitalists, of around $35 billion.

    The most fascinating thing about The Grand Central Tech is that it offers great support and encouragement to women entrepreneurs and has succeeded in raising some incubating a major number of startups led by women entrepreneurs.

    The Grand Central Tech holds some very prominent partners for the accreditation of its programs, those include Amazon, Google, Microsoft, IBM, JP Morgan and many more. Its offers and services have been proven very beneficial.

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    FinTech Innovation Lab

    FinTech Innovation Lab Website
    FinTech Innovation Lab Website

    The leading firm, FinTech Innovation Lab looks after the mentorship and communication utilising programs. Also, it offers some great deals to help the startups to improve and grow. FinTech Innovation Lab offers various programs that operate within a period of 12 weeks and also, incorporates product feedback, workshops and meetings to encircle a huge range of subjects, weekly.

    FinTech Innovation Lab provides opportunities to the startup’s companies to engage and present their business models and technology to various journalists, investors and many more interested people who belong to this field. FinTech Innovation Lab is a leading firm that has succeeded in developing several startup businesses.

    Business Incubator Association

    Business Incubator Association works by networking or connecting various startup incubators of New York City, some investors and also, the entrepreneurs. It focuses on providing and ensuring startups the connection with investors, gathering incubators for investors and preserving the funding of incubators from the budget of NYS.

    Business Incubator Association aims for serving and offering assistance, guidance to as many startups as possible. It looks after the profit and innovation of the startups.

    The Business Incubator Association has around 90 distinct startup incubators in New York City. It offers various virtual business incubation programs that work to encourage and support startups belonging to different domains.

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    Innovate518

    Innovate518 is known as the hub of innovation in the capital region of New York City that includes Albany, Greene, Saratoga, Columbia, Rensselaer, Warran, Schenectady and Washington counties.

    The incubator is majorly supervised by The University of Albany that provides various services to the startups such as tax incentives and funding at the initial stages of the startup.

    Innovate518 looks after the development phases of your startup and provides you with services according to it. It provides several business and financial plannings, legal guidance and mentoring programs, guidance in the commercialization areas, admission and many more. Also, it guides startups with copyright and intellectual property.

    Innovate518 provides funding from different sources such as the Chamber of Commercial help, angel investing, Albany SMB development centre and others.

    FAQ

    How many startup incubators are there?

    The U.S.-based International Business Innovation Association estimates that there are about 7,000 incubators worldwide.

    What is a startup incubator?

    A startup incubator helps new startups that are at a very early stage to grow and succeed. Incubators are designed to help entrepreneurs deal with most of the problems associated with launching a startup.

    What is the difference between an incubator and accelerator?

    Accelerators focus on scaling a business while incubators are often more focused on innovation.

    Conclusion

    New York City has one of the biggest startup communities. And, for this New York City provides every possible thing that is required for the startup. These include a huge number of accelerators and incubators, a great number of customers and different additional founder-friendly communities. These are the basic requirements for any startups and therefore, New York City has tons of such services and assistance.

    New York City has always been splendid with its development, talents and people. It encourages and supports young minds that have great innovative ideas. It provides such minds with the complete service required for the beginning of any startup. There are tons of startups with great innovative business models. Therefore, it has numerous advanced incubators and accelerators. Through this article, we provided you with some of the top startup incubators in New York City.

  • Top Startup Incubators in China

    China, the hub of manufacturing and with the most advanced technology. China is developing every day with an exponential graph. Since 2000 till now, there have been rapid changes in its development. It has developed dozens of technical investment booms.

    It encourages and supports startups thoroughly and the result is, there are tons of startups emerging in China. These thousands of startups go through the incubator as well as accelerator program every year, in China.

    Therefore, there are tons of accelerators and incubators in China. People often get confused between incubator and accelerator, well, these two have a major lining difference, that is, Accelerator enhances or accelerates the speed of your existing business. But, the incubator works for bringing out innovative and great ideas to any business.

    The incubator is a major necessity for any startup to get started with the development. It encourages innovation and comes out with some very incredible plans for the business.

    In this article, we present you with the Top Startup Incubators in China. Let’s get started.

    Beijing Makerspace
    Kungfu Startups
    The Mills Fabrica
    Garage Cafe
    Bitblock Group
    Tencent Public Space
    FAQ

    Beijing Makerspace

    The very famous and the biggest market space in Asia, Beijing Makerspace was established in the year 2011 in Beijing also known as Silicon Valley of China. Beijing Makerspace has offered services to over 30 startup companies and also, many entrepreneurs as per the record of 2015. More than 300 people from Beijing have registered for Beijing Makerspace’s services and membership.

    It is very promising and by the time of August has raised more than 60 million USD in venture capital. This rounded as the total project value of 310 million USD (RMB 2 billion). Beijing Makerspace has served several businesses and brought many profitable deals for them. The incubated programs which have been offered by it have raised up to 54 million USD (350 RMD).

    Kungfu Startups

    The startup incubator, Kungfu Startups  renowned by Microsoft china and Zhangjiang Hi-tech Park is very prominent in China. It works by directing its focus towards Mobile, IoT, Big data, Cloud, Al and provides its customers with the services of access to different Microsoft applications.

    Kungfu Startups provides the proper services of investors as well as the multinational from Zhangjiang Hi-Tech Park to many startups that register for it. Kungfu Startups incubator is run by a big startup business, Sensoro, in the year 2013 that comes under the program of Microsoft china.

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    The Mills Fabrica

    The seed & early-stage venture capital and startup incubator, The Mills Fabrica is well known in China. It was founded in the year 2015 in Hong Kong, China.

    The Mills Fabrica focuses on working with those startups which have a huge range of sectors and technologies. Its venture capital investments are ranged around $100 Thousand to $2 Million.

    Number of unicorn companies in China by industry
    Number of unicorn companies in China by industry

    Garage Cafe

    The first incubator enterprise, Garage Cafe established in 2011 April is based on the Inno-way in Zhongguancun. It offers a working space to young entrepreneurs at the price of a cup of coffee. It is a café based investment and startups that offers several services to over 20 teams that include investors, startups and media.

    These programs started in May 2015 as the Member Club with the team of entrepreneurs. And now, it has grown with more than 300 entrepreneurs and with around 40 suppliers. The annual revenue of Garage Cafe is more than 100 million RMB.

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    Bitblock Group

    The very prominent cryptocurrency and blockchain venture capital and incubator firm have its offices located in different countries that include Boston & Rio (US), Beijing (China), Moscow(Russia), Seoul (South Korea) and Singapore. Bitblock Group was founded in the year 2017 in China.

    Bitblock Group works with digital asset investments that are in early-stage. Also, focus on the financial services, IoT and other Al sectors.

    Besides, it offers several services that are based on incubation projects such as financial advisory, customer retention management and selling point devising.

    Tencent Public Space

    Tencent Public Space is a project which is completely deviated from the digital online services, offers a service provider for the startups conceived by Tencent and also, an open platform for work. It does not depend on online services but instead, it focuses on the training services and marketing strategies by providing the required space for the startups to initiate.

    Tencent Public Space was established in April 2015 in Beijing, Shanghai and Tianjin, China. By the time of November, it incubated more than 176 startups and later, by December it expanded its territory to other cities as well such as Wuhan and Guangzhou. It holds the capacity of handling over 500 teams and has a space of around 50,000 m².

    Tencent Public Space gained some great profitable deals. From the three years of its establishment, it covered over 100 enterprises whose values are counted as over 15 million USD and turned out with 1.5 million USD (10 billion RMB).

    FAQ

    What is a startup incubator?

    Incubators are designed to help entrepreneurs in its early stage and deal with most of the problems associated with launching a startup.

    How do incubators help startups?

    Incubators are an organization, platform or team of experienced professionals that helps startups bootstrap during its early stages and often provides mentoring, guidance, co-working space and also at times some funding.

    What is incubation period for startup?

    Incubation period of most startups are 6-12 months.

    Conclusion

    China promotes startups with great services and offers. Therefore, incubators are a very profitable business in China. Thousands of startups require tons of accelerators and incubators. And, China does not fail in providing them with this service.

    On Beijing street, the incubators number rose from 23 to 40 in just one year. Several famous and prominent investors pour their interests into incubator marketing and services. With the rising development and evolution of technology in China, there are tons of services and markets which would provide you with the best assistance in your startup and businesses.

  • Top 10 Startup Incubators and Accelerators in Sydney

    Sydney, the city with an incredible startup culture. When it comes to startup business, Sydney carries great tools for the growth of it. There are numerous amazing incubators around Sydney. As for new business, approaching a good incubator gets you some great benefits ahead.

    For a startup, you should always seek more opportunity for your business in early stage as much as you can. An early-stage help will take you to great heights and incubators are meant for potentials. Choosing the right potential incubator for your business becomes very tacky and requires some serious study.

    Through this article, we tend to ease that part for you. For those living in Sydney, we present some well-researched incubators that would work best with your startup business. These startup incubators are:

    Cicada Innovations
    BlueChilli
    PushStart
    ATP Innovations
    25fifteen
    Fishburners
    Springboard
    Tyro FinTech Hub
    Stone and Chalk
    Slingshot
    FAQ

    Cicada Innovations

    This tremendous startup incubator is established and shaped by Australia’s four leading universities which are; University of Sydney, Australian National University, University of technology and Sydney, and University of New South Wales. Cicada Innovations have been awarded with Global Incubator of the Year 2018.

    This startup incubator works for those companies which are involved in agriculture They offer,

    • Access to prototyping labs for testing your technology
    • Growlab and Medlab (Major programs)
    • Transform agriculture and healthcare sectors

    BlueChilli

    BlueChilli is quite famous around Sydney for its tremendous performance by investing, building and growing new tech startups. It has its headquarter in Sydney, San Francisco, Brisbane, and Melbourne.

    BlueChilli Website
    BlueChilli Website

    However, it usually works with non-technical investors, entrepreneurs and potential customers. BlueChilli observed that Sydney is quite behind when it comes to experienced developers and engineers for the commercialisation of the city. That’s why they work with the non-technical ones to provide them with proper advisory on the technical handles.

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    PushStart

    PushStart is a Sydney-based incubator for startups. community-based a three-month community based program that focuses on tech startups. PushStart mainly provides over $20,000 cash, office space and 8%-10% for common equity services. It accepts around 10 teams and includes founders of Spreets, Freelancer, DesignCrowd and Posse.

    Besides it provides seal offers like Investors Day as to present to the angels and VCs. PushStart is an incredible incubator startup that provides tons of benefits to the startup.

    ATP Innovations

    ATP Innovations is quite a prominent incubator around Sydney and other places as well. It holds a well-established and experienced business builder’s team. ATP Innovations works on the highest growth and enhances the chance of success for the business to make them more prominent and transform into a technology business.

    This startup incubator works with around 80 businesses and raised over $121 million through it. They focus more on these initiatives,

    • Developing new products
    • Building strong team
    • Growing revenue
    • Selling and accessing businesses
    • Raising capital

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    25fifteen

    25fifteen has always been amazing with its work performance as an incubator. For a long time, it has been serving startups and making their business grow profitably. They mainly focus on addressing issues related to Australia, Sydney and creating and building some successful businesses.

    25fifteen has formed a great team filled with experienced and great entrepreneurs and veterans of industries. They also have a vast network connection of business and access to capital.

    They connect with the co-founders or different internal and external projects to build up a successful startup business with good profitable gains.

    They usually work with external entrepreneurs who have rich knowledge on projects which are founded internally in the business. This is done after the training gained by the business on the certain project. 25fifteen is an amazing incubator with great team management and results in some great outcomes.

    Fishburners

    Fishburners comes with great space for the startup to grow. It mainly focuses on assistance with the working space so that the startup could get its time and space to develop smoothly.

    They offer certain working spaces by different slots based on daily, full-time or part-time, whatever suits the customers and clients. Fishburners work through a network formation and certain motivation so that the business would grow at great heights.

    Fishburners usually formulate a communal network through different entrepreneur and businesses working space, for sharing their experiences as well as skills and qualities. This ensures that the startup gets through different regions of marketing.

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    Springboard

    Springboard Enterprises also known as SBE usually works for the female entrepreneurs who seek investment and support for their startups. It mainly focuses on providing the right guidance and advisory to the female entrepreneurs for the development of their startups. It connects through certain networking events to provide facilities for strategy boost.

    Springboard helps female entrepreneurs to get proper funding or investment for the advancement of their business and reach the network of businesses, investors, women business leaders, and domain experts. It tends to make those startup companies grow which are led by women along with their team of innovators, investors and influencers.

    Tyro FinTech Hub

    YBF Website
    YBF Website

    Tyro FinTech Hub (Now known as YBF)  is quite famous and prominent around the whole of Australia. It is located at the core heart of Australia, Sydney. It works with several startups companies to make their growth remarkable in the market.

    Tyro FinTech headquarter is located in Sydney’s financial district around the modernist building.

    It looks after its clients very adequately and comes out with great results. The outlook of Tyro FinTech Hub is very fascinating with the architect-designed fitout and the floorplan.

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    Stone and Chalk

    Stone and chalk are known for their tremendous performance in the market. It mainly focuses on Fintech startups and results with great success. Stone and Chalk was founded in the year 2015 and located in the core of Sydney. It offers several time-spaces such as full-time and part-time incubation.

    Stone and chalk focus on those startups from Australia and Asia. For a long time, numerous companies have been a part of this incubator program and reach success with incredible performances.

    Slingshot

    Slingshot is a very prominent incubator around Australia, Sydney. It mainly works for the corporate sectors of a startup. It offers several corporate programs for the company to develop with some incredibly ingenious ideas and come out with great results. Slingshot provides the right advisory and mentors so that the startup business could get guidance through an experienced panel. It also gives several opportunities to work with the large Australian corporates for investment and marketable purposes.

    FAQ

    What’s a startup incubator?

    A startup incubator is a collaborative program whose purpose is to help new startups that are at a very early stage to grow and succeed.

    How do incubators help startups?

    Incubators are an organization, platform or team of experienced professionals that helps startups bootstrap during its early stages and often provides mentoring, guidance, and co-working space‌‌‌‌.

    How do startup accelerators make money?

    Startup accelerators offer seed money in exchange for equity in the company.

    Conclusion

    For the initial stage of any startup, proper guidance is very important. It keeps modifying your startup to beat up with the competitors and build your name in the market. Incubators provide you with these facilities and guidance. Through this article, we provided you with the top startup incubators in Sydney. This would be very beneficial for you to make a reasonable choice.

    Sydney is known for its incredible culture to encourage these startups. Therefore, this city has some great startups to go for.

  • List of Top Startup Incubators & Accelerators in Silicon Valley

    A new idea is always really important to develop a company or startup. A new product or service is just a first step and is not the only resource you require on the long run for your company or the startup. It wouldn’t be viable for the long run.

    That is why Incubators and accelerators play a major role in helping you scale your business and making it a successful enterprise. Let’s look at some of the top incubators and accelerators in the Silicon Valley.

    Berkeley SkyDeck
    Edvenswa Tech
    Founder Institute
    Y Combinator
    Women’s Startup Lab
    500 Startups
    BetterLabs
    World Innovation Lab
    FAQ

    Berkeley SkyDeck

    Berkeley SkyDeck is an Startup accelerator located in Berkeley and they mainly focus on the startups from the sectors such as Software, Data and Robotics to provide funding. This was originally formed to accelerate the companies which were founded by entrepreneurs who were associated with UC Berkeley.

    Berkeley SkyDeck Website
    Berkeley SkyDeck Website

    Berkeley SkyDeck provides incubation services to any startup that is affiliated with the Colleges under the University of California. They mainly work with startups that are at an early stage and supports their growth by providing investment rounds, social media marketing, etc. They provide programs which include workshops, networking events, showcase events and many more.

    Some of the major companies they work with are Concha Labs, DevSpace, Hayden AI and many more.

    Edvenswa Tech

    Edvenswa Tech is located in San Jose and they mainly focus on the startups from the sectors such as Software and Artificial Intelligence to provide funding. They work with both small-scale companies as well as well established companies. Edvenswa Tech focuses on providing technological solutions and corporate acceleration services to the companies.

    Edvenswa Tech website
    Edvenswa Tech website

    Edvenswa Tech also provides support and assistance to companies with projects such as mobile application development, UI/UX design, cloud and DevOps integration and many more.

    Some of the major companies they work with are PayPal, Berkeley Haas, March of Dimes, United States Cold Storage and many more.

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    Founder Institute

    Founder Institute is located in Palo Alto and they mainly focus on the Global Startups to provide funding. Founder Institute was found in the year 2009 at Stanford University. It is considered to be the world’s biggest pre-seed startup incubator and accelerator.

    Founder Institute Website
    Founder Institute Website

    Founder Institute provide support and feedback programmes to early-stage startups and their entrepreneurs. They also help them to expand their businesses and help them connecting with a network of startup experts to generate funds.

    Some of the major companies the Founder Institute works with are Udemy, PetHub, Pathgather, Ceres Robotics and many more.

    Y Combinator

    Y Combinator is located in Mountain View and they mainly focus on the Startups and Global Ventures to provide funding. Y Combinator has a unique model for funding startups. Their startup funding programme is similar to a residency programme.

    Y combinator Website
    Y combinator Website

    They invest small amounts on money in the startups twice in a year to a large number of national startup companies. Once they invest in a particular company, they move them to the Silicon Valley, where they later provide them with an intensive coaching programme to prepare the companies for demo and investor pitches.

    Some of the major companies the Y Combinator works with are Stripe, Airbnb, Reddit, Instacart, Dropbox and many more.

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    Women’s Startup Lab

    Women’s Startup Lab is located in Menlo Park and they mainly focus on the Women-owned businesses to provide funding. They focus particularly on the women’s contributions towards the technological industry. Women’s Startup Lab provides acceleration and incubation services to the startups and ventures that are led by women entrepreneurs.

    Women's Startup Lab Website
    Women’s Startup Lab Website

    Some of the major companies the Women’s Startup Lab works with are Razzberry, Pandia Health, BabyQuip, Mihuru and many more.

    500 Startups

    500 Startups is located in San Francisco and they mainly focus on Global Startups and Ventures to provide funding. They are a global venture capital firm and they focus on boosting early-stage startups and help them establish themselves as valuable companies by providing them development services.

    500 Startups Website
    500 Startups Website

    They assist startups and entrepreneurs by providing support in fundraising techniques, digital marketing, customer retention, etc. They host educational events and conferences where they connect the startups with potential investors and partners.

    Some of the major companies the 500 Startups work with are CreditKarma, Justo, Talkdesk, Digital Group, ZipMatch, Tranqui and many more.

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    BetterLabs

    BetterLabs is located in Santa Clara and they mainly focus of Global Startups to provide funding. They provide resources to early-stage startups by encouraging product launch and rapid growth development at low investment rates.

    Better Labs Website
    Better Labs Website

    Some of the major companies BetterLabs work with are Khatabook, Inito, Rodeo, WorkAppsChat, Skill Lync, Interview Mocha, Cradlewise and many more.

    World Innovation Lab

    World Innovation Lab is located in Palo Alto and they mainly focus on Consumer and Enterprise technology to provide funding. They are located in Tokyo as well. They position themselves as a Global Startup ecosystem.

    World Innovation Lab provides resources and support for early-stage startups and lets them use the resources like mentorship and capital to help them grow and set themselves as well established firms. Their incubation and acceleration model consists of direct investments, workshops, mentorship programs, pitch contests, etc.

    Some of the major companies World Innovation Lab works with are Twitter, HubSpot, Fortinet, RingCentral, DocuSign and many more.

    FAQ

    What does a startup accelerator do?

    A tech startup accelerator is an organization created by experienced tech entrepreneurs to help early-stage tech companies develop their product, hone their business model, and most importantly connect with investors.

    What is the difference between an incubator and an accelerator?

    Accelerators accelerate growth of an existing company, while incubators incubate disruptive ideas with the hope of building out a business model and company. So, accelerators focus on scaling a business while incubators are often more focused on innovation.

    How do incubators make money?

    An incubator is a non profit that receives grants and will traditionally make money by charging their resident companies rent. They do offer lower interest loans but given the average success rate of startups, that is not that profitable for them.

    Conclusion

    Incubators and Accelerators always play a major role in the process of the growth and development of the startups. The startup ecosystem has been increasing worldwide and we can see much more startups coming up in the future.

  • 5 Factors to Consider while Choosing Right Startup Incubator

    A business incubator is a company that helps new and startup companies to develop by providing services such as management, training or office space. Startup incubators support the well-interested startup companies both financially and mentally.

    They offer a variety of resources and services which act as means to accelerate the company’s development. This makes them reach great heights in business fields and do an effective service to people.

    So, an entrepreneur must choose right startup incubator for him carefully. Here are some points which can help you to choose right startup incubator.

    How to prepare to get incubated
    How to Choose Right Startup Incubator for your Business
    FAQ

    How to prepare to get incubated

    Make your pitch unique

    Incubators look for companies that will ultimately succeed not just because of the equity stake, but also for investing more capital in future. While scrutinizing the applicants, they look for those who are promising and exhibit the ability to execute. The first impression is always the best impression. So prepare a unique pitch that will distinguish you from other applicants and rehearse it well so that you deliver the best on stage.

    How much you can pay

    You need to pay fees for being admitted into an incubator is typically an exchange of equity in your company. Determine how much you are ready to spend for being in an incubator and you also have to see if it is worth. Consult a legal expert who can help you with the final agreement.

    Decide what you expect from incubators

    Most of the incubators provide you physical spaces, shared services, infrastructure assistance, security and regulatory compliance, helping with borrowing loans, networking with mentors, advisors and investors, attaining strategic partnerships and more for you to grow. So, you have to decide what you can do or manage on your own and what do you expect from incubator.

    How to Choose Right Startup Incubator for your Business

    Examine the talents

    There are two important facts that should be kept in mind while choosing the right incubator.

    • The first fact is what type of resources and services they offer for the development of the startup.
    • The second fact is how much they will be able to sponsor for the development of the startup.

    Other than these facts, there are other things that must be specifically looked at.

    • The first thing is Mentors. Mentors mean a person who is experienced in the incubator. The entrepreneur must find out that the incubator has experience in the required field and their experience would be helpful to the development of their startup company or not.
    • The second thing is Location. Some of the incubators suggest relocating the program to the appropriate location. So, the entrepreneur must be aware if their business will succeed in that location or not.
    • The third thing is the curriculum. That curriculum includes the difficult training and educational seminars. So, the entrepreneur must know their capability of handling them and managing the regular activities.

    Experience is the best teacher

    The entrepreneurs should choose incubators who have the list of companies that are undergoing the same process. They will be able to suggest the best incubator who has many experiences in their career. The entrepreneurs must have incubators who share their experiences and knowledge to help them in developing their company’s success. One company’s bad experience may be another company’s ideal challenge. So, an entrepreneur must prepare their questions in advance and be thorough.

    Capable of choosing strong team members

    Entrepreneurs must choose incubators who are capable of selecting the effective and strongest team members and founders. They give fingertip business ideas to them. That team will make the changes in the development of the startup company.

    A startup that goes through an incubator will more than likely exit as a completely different and certainly more refined business. They make the business more feasible and compatible with the users.

    The entrepreneurs have the big duty to place the right developers and workers at the right place. This will reduce the confusion in the business process and lead the startup to shine among other companies.

    Self-preparation

    The entrepreneur must prepare their duty because it will make them clear in their ideas and make the company run without any obstacles. They must prepare well and be well practiced for their income.

    They should choose incubators who want companies that can succeed, not only because they have shared and invest in the future planning. The incubator must also watch how that company would succeed and find the accurate path for success.

    They must manage the founders and lead them to demonstrate the program execution. They must focus on all the activities done by the doors and founders and suggest them to work as early as possible because submission of the project on time is important. The entrepreneur should select an incubator that acts like a caring mother for the company.

    The incubator should take care of budget

    The entrepreneur must determine the person who spends the limited cost according to their project needs. The entrepreneur should ask themselves how much they are willing to give to be in the incubator and make certain it matches the needs and goals of the incubator.

    The incubator uses the cost in a beneficial manner and decides the final term sheets. It decides the accurate budget of the project without any extra expenses.

    So, these are 5 things that you need to take care when you want to choose right startup incubator.

    The incubator is an incredible opportunity for a startup company, which they should grab at the earliest if they are aiming towards success.

    FAQ

    How do incubators help startups?

    Incubators are an organization, platform or team of experienced professionals that helps startups bootstrap during its early stages and often provides mentoring, guidance, co-working space and also at times some funding.

    Is Y Combinator an incubator or accelerator?

    Y Combinator (YC) is an American seed money startup accelerator launched in March 2005. It has been used to launch over 2,000 companies.

    How many types of Business Incubators are there?

    There are 4 types of Business Incubators, Corporate Incubators, Local Economic Development Incubators, Private Investors’ Incubators and Academic Incubators.

    Conclusion

    So, the entrepreneur should choose an experienced incubator for making a perfect budget for their project. The incubator is an incredible opportunity for a startup company, which they should grab at the earliest if they are aiming towards success.