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1,100 active incubators in Tier I cities in India, faster funding and higher revenues for incubated start-ups.
A report from IIM Bangalore's NSRCEL and IIT Madras's CREST reveals that India has over 1,100 active incubators, mainly in Tier I cities.
Incubated start-ups secure funding faster (27.1% within a year) and create significantly more patents than non-incubated ones.
They also generate higher revenues, averaging ₹1,590 crores annually for 100 start-ups in early years.
The report underscores the importance of improving incubation practices to boost economic growth.
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1.100 incubadoras activas en ciudades de nivel I de la India, financiación más rápida y mayores ingresos para nuevas empresas incubadas.