Incubators: A breeding ground for startup success

Incubators are specialised institutions or programmes that support startups in their early stages of development by providing access to resources such as office space, mentoring, networks and sometimes seed capital. These organisations aim to promote the growth and stability of young businesses by providing a structured environment and expert advice to overcome the challenges of the early stages. Participation in an incubator programme can be invaluable for start-ups to validate business models, forge strategic partnerships and lay the foundations for long-term success.