Definition, characteristics, types, importance and services provided by incubators and accelerators

1. -HIMANI PANWAR
MBA II SEM

2. Contents
 Definition
 Characteristics
 Types
 Importance
 Services offered by Incubators & Accelerators

3. Definition of Business Incubation
Business incubation is a business support process that
accelerates the successful development of start-up and fledgling companies
by providing entrepreneurs with an array of targeted resources and services.
These services are usually developed or orchestrated by incubator
management and offered both in the business incubator and through its
network of contacts.
According to “The National Business Incubation Association (NBIA)”

4. Accelerators, just as they sound, accelerate a startup with
a quicker and more intense program through which many
resources are available. Accelerators are typically for businesses
that already have a business plan and are further along in the
development of their company.
According to “The National Business Incubation Association (NBIA)”
Definition of Business Accelerators

5. Characteristics
of Incubators & Accelerators

6. Types of Incubators &
Accelerators
University
Incubators
Corporate
Incubators
Technology
Incubators

7. Importance of Incubators &
Accelerators
 Handling of Finance
 Management
 Creates Synergy
 Economic Assistance

8. Services offered by Incubators &
Accelerators
 Administrative services
Flexible space and flexible lease

9. Services offered by Incubators &
Accelerators
 Management help
 Expert advice

10. Services offered by Incubators &
Accelerators
 Easy networking
 Funding

11. Services offered by Incubators &
Accelerators
 Specialization

12. “
”
“Every time you state what you want or believe, you’re the
first to hear it. It’s a message to both you and others
about what you think is possible. Don’t put a ceiling on
yourself.”
- OPRAH WINFREY
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