What is a Startup Incubator and a Startup Accelerator?

What is a Startup Incubator and a Startup Accelerator?
We have often heard the terms "Startup Incubator" and "Startup Accelerator". Though it may seem similar, there is a vast difference between these two.
A "Startup Incubator" supports early stage startups with facilities like free office spaces, mentorships, networking opportunities and equipments. Incubators mainly focus on new businesses that are still in development stage.
On the other hand a "Startup Accelerator" expedites the growth of existing startups that have proper business models and validated products in place. They provide resources like co-working opportunities, legal and technical guidance, access to investors etc
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#StartUpSuccess #BusinessDevelopment #InvestmentOpportunities
#ScalingUp #IncubateAndAccelerate

[@soujanyanayak1703]

Superb

[@3GBRAM738]

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