CURRENT AFFAIRS

Detailed explanation-1: -ICreate Startup Incubator in India The first incubator on our list, ICreate (The International centre for Entrepreneurship and Technology) is spread across a 40-acre campus in the outskirts of Ahmedabad.

Detailed explanation-2: -TECHNOLOGY BUSINESS INCUBATORS (TBI’s) Accordingly, the Government of Karnataka is supporting the establishment of 5 TBIs with a total budget outlay of Rs. 2971.00 lakhs for a period of 5 years.

Detailed explanation-3: -Hyderabad-based business incubator organisation, Technology Hub (T-Hub) announced the inauguration of the world’s largest innovation campus for start-ups in Hyderabad. Built in a T-shape, spanning 10 floors and spread over an area of 5, 82, 689 sq.

Detailed explanation-4: -Incubation is usually done by institutions which have experience in the business and technology world. Incubation support includes providing technological facilities and advices, initial growth funds, network and linkages, co-working spaces, lab facilities, mentoring and advisory support.