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What makes a great incubator?

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  An entrepreneur is a person who dares to do the impossible. He invents new approaches and rounds up rare resources to explore new business opportunities. In such a difficult journey, the ecosystem around the entrepreneur plays a crucial role. This ecosystem is composed of everyone from the government and universities to corporate veterans. One of the most important components of a startup ecosystem is incubators. Incubators connect founders with mentors who can guide them throughout their journey. It is where entrepreneurs’ understanding of startups is shaped up. Here they can learn about funding, equity and other essential fundamental of running a company. An incubator can be an academic facility, an investment firm’s initiative or simply a group of angel investors. Lately, India has been advancing in the startup world and incubators/accelerators have a major role to play. They handhold new entrepreneurs and support them when they need it the most. They provide the much-needed...