Startup Incubators and Accelerators in Public Sector

Startup incubators and accelerators in the public sector are initiatives designed to support new businesses, particularly those with a focus on social impact or innovation. Incubators provide early-stage companies with resources like mentorship, office space, and networking opportunities, helping them develop their ideas over a longer period. Accelerators, on the other hand, are time-limited programs that fast-track startups, offering intensive support, funding, and guidance to help them grow quickly. Both aim to foster entrepreneurship and drive economic growth, ultimately benefiting the community by creating jobs and innovative solutions to societal challenges.