The role of incubators and business accelerators in India: an entrepreneurial viewpoint

This paper aims to put forward the Indian entrepreneur's perspective on business incubators and accelerators. The paper attempts to understand how respondents perceive both incubators and accelerators. A closed-ended survey method was deployed to reach 83 entrepreneurs and Indian students who are studying entrepreneurial courses. The findings of the survey revealed that many Indian entrepreneurs are not satisfied with the government's provision of not aiding the entrepreneurs and only focusing on low socio-economic backgrounds. The analysis revealed that the development of an entrepreneurial ecosystem is of primal importance to fostering business incubation and accelerators (BIA) schemes. Further, it was found that Indian entrepreneurs are in favour of using BIAs for fostering entrepreneurial growth and development. The entrepreneurs value this program because it not only provides with necessary knowledge but also fosters the idea of networking opportunities, capital support, and a varied range of training programs.