CURRENT AFFAIRS

Detailed explanation-1: -Kota iStart Nest, Government of Rajasthan’s incubation centre is the only centralised incubator in the country providing free incubation to emerging startups. The incubation program is designed to help startups gain traction through deep mentor engagement, rapid iteration cycles, and fundraising preparation.

Detailed explanation-2: -Over 60% of the 326 incubators are located in non-metro cities; of these, over 70% (about 160 incubators) are located in cities and towns that are not state capitals.

Detailed explanation-3: -To accelerate the pace of creating a compelling startup ecosystem in Rajasthan, Bhamashah Techno Hub will provide an entire support system to emerging entrepreneurs.

Detailed explanation-4: -Business incubators are institutions that support entrepreneurs in developing their businesses, especially in initial stages. These are organizations geared towards speeding up the growth and success of start-ups and early stage companies.