Relevance of an Incubator

A new cultural shift is taking place in India. According to the latest Global Entrepreneurship Monitor (GEM) report, 58% of Indian adults (aged 18-64) consider entrepreneurship a desirable career choice. 66% adults think that entrepreneurs receive a high level of respect and status.

As a rising trend, we see names of various young entrepreneurs appearing in the headlines for all the right reasons. These innovative minds are carving a new path of growth and development for the nation. However, it is a known fact that a large number of startups fail. According to various studies, around 47% of the jobs created by startups cease to exist as these ventures fold up business in the first five years.

In recent years, there has been a rise in the number of incubators and accelerators in the country. They help startups by providing valuable advice and services. They house them in their own premises and handhold them to face the various challenges.

Innokul, based in Kolkata, is an incubator for ideas and accelerator for start-ups. We provide 360 degree support to transform ideas into sustainable ventures. We are proud to state that Innokul Incubatee CrossIndia Adventures has been ranked #1 on 11 things to do in Sunderbans on TripAdvisor!

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