START-UP AND

BUSINESS INCUBATION

• Guided By :- Dr Karunakar Patra

• Presented By:
➢ Name :- Satyapriya Sethi
➢ Class :- MBA 1st Year
➢ Registration No. :- 2006260049
 Startup Company: What Is It?
 Startups are young companies founded to develop a unique product or service, bring it to
market and make it irresistible and irreplaceable for customers.

 Startups are rooted in innovation, addressing the deficiencies of existing products or creating
entirely new categories of goods and services, thereby disrupting entrenched ways of thinking
and doing business for entire industries. That’s why many startups are known within their
respective industries as “disruptors.”

 You may be most familiar with startups in Big Tech—think Facebook, Amazon, Apple, Netflix,
Google, collectively known as FAANG stocks—but even companies like We Work, Peloton and
Beyond Meat are considered startups.
How to define a start-up
 With all of the above taken into consideration, it’s worth pointing out that change is
central to the start-up business meaning. There’s a sense of transition and a temporary
nature to it, as in time a start-up may expand or be bought by another company.

 Therefore, it’s difficult to say a start-up is definitively one thing or another, except for
highlighting that the ability to change and be different is the essence of a start-up.
The energy, excitement and sense of possibility runs throughout start-ups, as well as a
feeling that anything could happen.

 One of the startup's first tasks is raising a substantial amount of money to further
develop the product. To do that, they have to make a strong argument, if not a
prototype, that supports their claim that their idea is truly new or a great improvement
to something on the market.
 what are those key principles?
 Fast-paced
 Founders
 Funding
 Global view
 Growth
 Limitations
 New
 Problem-solving
 Registered business
 Team culture
 Uncertainty
Business Incubation- what it is?
 Business incubation is a unique and highly flexible combination of business

development processes, infrastructure and people designed to nurture new and small

businesses by helping them to survive and grow through the difficult and vulnerable

early stages of development.

 Business incubation provides a nurturing, instructive and supportive environment for

entrepreneurs during the critical stages of starting up a new business.

 The goal of incubators is to increase the chance that a start-up will succeed, and

shorten the time and reduce the cost of establishing and growing its business.
Role of Business Incubation
Business incubation has been identified as a means of meeting a variety of economic and
socioeconomic policy needs, which may include

• Creating jobs and wealth

• Fostering a community's entrepreneurial climate

• Technology commercialization

• Diversifying local economies

• Building or accelerating growth of local industry clusters

• Business creation and retention

• Encouraging women or minority entrepreneurship

• Identifying potential spin-in or spin-out business opportunities

•Community revitalization
About Business Incubators
Incubation is a dynamic process of business development.

Incubators nurture young firms, helping them to survive in

their early stage.

• Incubators provide:
• Infrastructural support i.e. office space, meeting room

• Platform to do networking

• Management assistance

• Other support services, specific to incubators

 Business Incubation is the part of
innovation promotion and
Conclusion support systems and has
• Enhanced entrepreneurship is very
different environment, under very
conditions.
• Facilitated co-operation between
business and finance, research
& development, and administration &
politics
• Enhanced its environment by promoting
innovation and enterpreneurship .
Thank you