Incubators, which are now producing number of start-ups across the world, with guidance, resources and investors along with mentor entrepreneurs. Various investors also offer resources such as office space, accounting assistance and legal guidance. Infrastructure in place allows the startup to focus on core business
Although incubators and accelerators help grow business, incubators assist companies in their early days, whereas accelerators guide organizations through expansion for their future and development. Benefits of being part of our incubator are to tap into a strong network of business partners. Some require large commitments financially, while others considered not secured to work with fresh startup. These obstacles can be overcome by being a part of an incubator.
A powerhouse network through Institute of Engineers can also be beneficial from a public relations perspective. There is only so much you can do as a startup with a limited marketing, but being a part of our incubation will help you gain spotlight. This helps strengthen your ability to get leads and opportunities. As a incubator, It’s even more important that we learn from startups to make platform better. Our Incubation program proves to be beneficial to do more on product development and rigorous testing–something that would have been more difficult and time consumingk Making errors and learning from mistakes is something startup founders own. Being a part of incubator , you will learn from the mistakes. Mentors have been entrepreneurs themselves, with their personal experiences will shape road map for future and vision. Mentors will be instrumental in incubator success and help start ups to succeed.