There are various kinds of business ideas and one of the hardest things which a business entrepreneur has to face is the idea generation part. The real challenge begins here as there are many aspects involved in choosing a proper business idea for yourself. It should fulfil your passion, skills, knowledge and it should be worth enough that you can wear your dream on your sleeve.
However, if you have no idea about where to start from then starting your own business can prove itself to be really difficult for you unless and until you seek help from some startup incubator.
Leantale brings to its readers an exclusive list of top 10 startup incubators in India who aid budding entrepreneurs in their initial stage by offering them much-needed support and mentorship.
Top 10 Startup Incubators in India
1. T- Hub
The Hyderabad-based startup incubator, T- Hub was initiated by the Telangana government in collaboration with private sector players and supported by companies such as Google, Intel, Microsoft and Cisco. The incubator provides a platform for startups to work on their innovative business ideas with the help of experienced mentors and investors.
2. Venture Centre
Started in 2007, Venture Centre is one of the most popular startup incubators in Pune. It is an initiative of the Maharashtra Institute of Technology (MIT) and aims to provide mentorship and capital support to early stage technology startups.
3. 91 Springboard
This Delhi-based startup accelerator is one of the top 10 startup incubators in India and operates from the NCR region. 91 Springboard helps entrepreneurs to turn their innovative business ideas into successful startups by providing them with office space, mentorship and access to a wide network of investors and partners.
4. The Morpheus
This startup accelerator is based in Chennai and focuses on mobile technology, e-commerce and SaaS startups. It provides funding, mentorship and office space to its portfolio companies and also helps them connect with potential investors and customers.
5. Microsoft Ventures Accelerator
Started in 2013, this startup accelerator is a joint venture between Microsoft and BHIVE Workspace. It is located in Bangalore and provides mentorship, funding and access to market to early stage startups in the mobile and web apps categories.
6. The Startup Centre
This Mumbai-based startup incubator was launched in 2013 to provide mentorship, networking opportunities, office space and access to capital markets to creativity driven entrepreneurs at an early stage of their career.
7. Blume Ventures
Blume Ventures is one of the leading venture capital firms in India which helps startups by offering them seed funding through its platform iSpirt Ideaspace. It conducts various activities like training sessions for students, workshops for start-up founders and several online contests like ‘Startup idea generator’ etc., to identify promising business ideas among Indian youth.
8. Angel Prime
Founded by three serial entrepreneurs, Pranav Pai, Sanjay Swamy and Bala Parthasarathy in 2012, AngelPrime is a startup accelerator which provides mentorship, funding and office space to early stage startups. It is based in Bangalore and has funded more than 35 startups so far.
SINE is the startup incubator of IIT-Bombay and was set up with an objective to provide a platform for students and alumni of the institute to convert their innovative business ideas into successful startups. The incubator offers funding, mentorship, office space and other facilities like legal and accounting support to its portfolio companies.
10. Centre for Innovation Incubation and Entrepreneurship (CIIE):
Started in 2002, CIIE is one of the oldest and most reputed startup incubators in India. It is based out of Ahmedabad and provides mentorship, office space, funding and other facilities to early stage startups.
Other Startup Incubators in India
- IAN Incubator
- Nsrcel: IIM Banglore
- Kerala Startup Mission
- IIM Lucknow Incubator
So these were some of the top 10 startup incubators in India which offer a range of facilities like funding, mentorship and office space to help budding entrepreneurs turn their innovative business ideas into successful startups. Do check out these incubators if you are planning to start your own business venture. Thank you for reading!