The Indian Institute of Technology (IIT) Madras’ Centre for Research on Start-ups and Risk Financing (CREST) has developed the country’s first information platform on incubators and accelerators.
The platform is developed in partnership with YNOS, an IIT Madras-incubated start-up. The information platform will contain comprehensive information on incubators and accelerators, which seeks to play an important role in helping start-ups navigate an uncertain entrepreneurial ecosystem.
India had about 1,000 active incubators, but until now, the information about them was scattered and not easily available in a single location, an IIT Madras statement said. Entrepreneurs, the institute said, had to spend a lot of time and effort to identify the incubator most suitable for their start-up.
The platform would address this pain point and help the start-up founders to identify, compare and analyse incubators very easily and would shortlist one that best fits their requirements.
The incubator platform has been developed using the latest technology tools to quickly analyse the incubator and accelerator landscape in India. It features intuitive filters on multiple incubator parameters to quickly identify the set of incubators that satisfy different criteria for shortlisting and a facility to bookmark shortlisted incubators for detailed assessment at a later stage.
Courtesy : The Indian Express