Incubators and accelerators play a critical role in nurturing young startups and helping them to succeed. Setting up a new business is daunting and it can be an overwhelming experience for many founders. More often than not, entrepreneurs are not from business families and are not very familiar with the world of business and entrepreneurship. Therefore during the process of setting up a venture, startup founders need a lot of support, handholding and mentoring as they start finding their bearings. Incubators play an important role during this formative phase of the startup lifecycle.

How do incubators and accelerators help startups? The answer is: in multiple ways. Apart from providing infrastructure, access to experts, partnerships with service providers, and connecting to investors, incubators also significantly influence the startups' journey. The role of the incubator in the success of the startup is as much as that of an investor, if not more. Therefore, it is critical that startups partner with the incubator that would provide the founders the support they require in the initial stages.

A vibrant startup economy needs a very active institutional structure for incubator and accelerator programs. Governments, universities, private corporations, and industry bodies have realized this and have significantly added to the incubation capacity in recent years. The challenge for the entrepreneurs is to identify the incubator that would meet their requirements. As much as the needs of the startup vary, the strengths of each incubator also vary. Some incubators might have deep expertise in certain sectors, while some have a strong investor network, and some others might be open for providing virtual incubation. The imperative for the startup founders is to choose the incubator that can help in those areas where the need is the highest. But how can founders choose the incubator that is most suited for their venture?

Incubators from YNOS helps precisely in that. Incubators, a unique concept, helps startup founders to analyse various incubators and accelerators, and then choose the one that is most appropriate. The AI platform helps to shortlist incubators and subsequently compare them in a manner that has never been possible so far. Apart from startup founders, Incubators can also benefit the CEOs and managers of incubation centres in benchmarking with other incubators. Other stakeholders associated with the development of startup ecosystem such as government, funding agencies, and so on, would also find the platform to be of immense value.