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Comprehensive review of kalasalingam technology business incubator startup program and startup olis

Year: 2024
Type: article
Abstract: This research paper offers a comprehensive comparative analysis of two prominent startup incubator programs: the Kalasalingam Technology Business Incubator (KTBI) at Kalasalingam Academy of Research and Education in India, and Startup Olis in Europe. The study explores each program's structure, objectives, and unique contributions to regional and global entrepreneurial ecosystems. KTBI focuses on fostering sustainable innovation by providing financial assistance, state-of-the-art facilities, and dedicated mentorship. Its core mission is to bolster regional economic growth, particularly through initiatives centered on renewable energy and waste management, thus aligning with sustainability goals. In contrast, Startup Olis provides a global platform for emerging businesses across diverse sectors, prioritizing international networking, access to global investment channels, and guidance from industry leaders worldwide. This incubator aims to support scalable ventures with high potential, positioning startups to make a significant mark on international markets. By contrasting these two programs, this paper examines how each contributes to economic development within their respective operational frameworks. The findings highlight the strengths and opportunities inherent in each approach, revealing insights into how localized and globalized incubators shape the growth of startups and influence industry standards. Ultimately, this study underscores the importance of tailored incubation strategies in fostering entrepreneurship and innovation on both a regional and global scale.
Language: English
Open Access status: diamond
OpenAlex ID: W4404801589
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