Impact of Startup Incubators in India

Dr. Bhavana Nahar () and Dr. Snigdha Bhatt ()
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Dr. Bhavana Nahar: Assistant Professor, Shri Jain Diwakar College, Indore.
Dr. Snigdha Bhatt: Assistant Professor, Shri Jain Diwakar College, Indore

Journal of Commerce and Trade, 2018, vol. 13, issue 1, 32-36

Abstract: India accounts for four percent of global GDP today. Startup India is the flagship initiative of the Government amidst fanfare and euphoria. The strategies of the Central Government takes into account the collective aspirations and enterprise of the risk taking Indian. Startup India is about challenging conventions and spurs a revolution of unique and emphatic business models. It is the precursor to India taking Centre stage in the new world .The present study tell us that Startup incubators are companies that assist new startups in their initial phase of development by providing various services. Startup incubators are essentially organisations that promote the speedy growth and success of startups, MSMEs, and early stage companies. The startup incubators provide a foray of services including capital, connections with angel investors, State Governments, economic coalitions, and others.

Keywords: Startup; Business Incubators; Challenges; Initiatives; India Economy; MSME. (search for similar items in EconPapers)
JEL-codes: L16 O14 O38 (search for similar items in EconPapers)
Date: 2018
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