FAQ

The main purpose of an incubator is to help startups at a very early stage to grow. They are collaborative programmes which help people solve problems associated with launching a startup by providing a space to work, seed funding, mentoring, training and other benefits..

An incubator is a place where the incubation activities are carried out, and where the would‐be entrepreneurs and the existing SMEs find a suitable place, in terms of facilities and expertise, to address their needs and develop their business ideas, and transform them into sustainable realities.

“To innovate is the application of something new for a specific use”. This leads to the following definition of innovation: “Innovation is a change that creates and/or adds value, and provides a competitive advantage HERE and NOW”.

“National Initiative for Developing and Harnessing Innovations”.

“Science and Technology".

“Department of Science & Technology ”.

“National Science & Technology Entrepreneurship Development Board”.

“Promoting and Accelerating Young and ASpiring technology entrepreneurs”.

“Entrepreneur-In-Residence”.

“Seed Support System ”.

“Centers of Excellence ”.

“Minsitry of Electronics and Information Technology ”.

“Ministry of Micro, Small & Medium Enterprises ”.

“Technology Business Incubator”.