Have you ever wondered how many successful startups got their start in a tech incubator? Tech incubators, also known as startup incubators, have become a progressively popular way for early-stage companies to receive support, guidance, and resources as they work to develop and grow their businesses. In this introduction, we’ll discover how tech incubators...
The wings your startup needs to take flight – tips for approaching angel investors. Entrepreneurs often find themselves at a crossroads, wondering whether to rely on personal savings and bootstrap their business or seek financial backing from angel investors. The challenge lies in scaling the business without adequate cash flow. The question then arises,...
Business incubators provide resources and services to entrepreneurs, including working space and offices, technical expertise, management mentoring, assistance in compiling an effective business plan, shared administrative services, technical support, business networking, and advice on intellectual property, sources of financing, markets, and strict admission/exit rules. An incubator concentrates its effort on helping innovative and fast-growth startups...
Entrepreneurship can be a tough game. Almost no college or university level education can prepare you for it. Most of the learning happens on the job. When I started my first business way back in 2004, little did I expect the journey to be this brutal. Here are some lessons I wish I knew when...
A typical startup journey has three stages — ideation, growth, and expansion. At each stage, startups tend to perform a wide range of activities that help them grow. Every successful startup aims to minimise the time taken to advance from one stage to the other. Recently, we have seen this happening in the Indian startup...
1. Networking: This is the most important thing you can do. Talk to people and get to know them. You will never know who you might meet at a networking event or in your day-to-day life that could be a potential investor for your start-up. 2. Events: Events are the perfect place to network and...