Role of Incubators and Accelerators in Enhancing Entrepreneurship in India

Entrepreneurship contributes towards the economic growth of the country. Moreover, incubators play a huge impact over the success of entrepreneurship and thereby reducing unemployment and improving the standard of living. This reveals the role of incubators and accelerators in fostering entrepreneurship in India. This study is based on qualitative data by using secondary sources. The findings of the study reveal us that there is high potential for improving financial assistance from enormous accelerators and developing growth in multiple sectors throughout the nation. The research also made us realize that several startups incorporated in India have evolved to leading unicorns in the corporate market. Furthermore, it will give information regarding various investors available in Indian market for the upgrading of incubation centers. This study will be valuable resource to various educational institutions, government bodies and other investors investing for the startups.