The Indian Institute of Technology (IIT) Madras has partnered with YNOS to develop the nation’s first information platform for incubators and accelerators.
YNOS which is an IIT Madras incubated startup has worked on this platform in collaboration with IIT Madras’s Centre for Research on Start-ups and Risk Financing (CREST). Comprehensive information about incubators and accelerators, which are intended to be essential in assisting emerging companies as they navigate the volatile world of entrepreneurship, will be available on the information portal.
An IIT Madras statement stated that although there were over 1,000 operational incubators in India, information about them was previously dispersed and difficult to find in one convenient place. The organization claims that choosing the ideal incubator for a start-up requires entrepreneurs to devote a lot of time and work.
This problem would be solved by the platform, which would make it easier for startup entrepreneurs to find, compare incubators, and evaluate, allowing them to quickly find and select the one that best meets their needs.
The most recent technological tools were used in the development of the incubator platform, which allows for a speedy analysis of India’s accelerator and incubator market. It has a capability to bookmark shortlisted incubators for more thorough evaluation at a later time, as well as user-friendly filters on a number of incubator factors to swiftly discover the group of incubators that meet various shortlisting requirements.
