Incubators are less concerned about how quickly the startups would grow. They would want the startups to run for a longer period of time, focusing on longevity. Commonly they mentor the startups for more than a year. Incubators normally operate in an open-ended time frame. They are mostly funded by universities or certain economic developmental organizations. Incubators mostly provide capital to the companies. Incubators also monitor the companies but unlike Accelerators, they don’t buy a stake in the company. Incubators provide mentorships and feedbacks to the developing companies. Incubators doesn't buy a stake in the company In a few cases, incubators work as a means to develop the company so that the accelerators can take them up. Incubators primarily focus on developing innovations. They will help in transferring the ideas into a specific set of actions. Most incubators fund startups who have an idea with no proper business model. They will help the people who have a new idea that will shake the market. Incubators help the ideas to turn into reality They help the startups in building their company. They support the startups who are in their beginning stages. They will have connections with universities or venture capitalist firms for funds. Indian Tech Startups Funded by International Investors Incubator Incubators are Independent The startups also get access to a lot of resources which will help them in scaling up. They provide mentorship and feedback to the startups. In the majority of the cases, the accelerators would buy a small stake in the company and monitor them. Accelerator monitor the companies by purchasing a small stake in the companyĪccelerators monitor the companies. They work on a time frame which is set by the accelerators. At the end of the four months, they will provide the company a platform to pitch their business idea to different investors. Usually, an accelerator would give the companies few months to scaleup which would be around three to four months. There is a fixed period time for accelerators. Mostly they would help the startups in increasing their presence in different areas and making their services and products more affordable and available easily to the end consumers. They will be focused on accelerating the company. The main aim of the accelerator would be to scale the company and increase its productivity. Accelerators fund the existing companies that have a business model and a proper idea to execute. It is normally the top companies funding the smaller startups. Big companies fund the new startups helping them to grow the business on a large scale. Understanding the key differences between the two will help you choose the ideal programme for your startup.īelow are the key differences between Accelerators and IncubatorsįAQ Accelerator Accelerator fund companies that have a proper idea to executeĪccelerators are funded by an existing company. Most of the time the entrepreneurs would get confused in choosing the right programme. Accelerator and incubator have a lot of differences.
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