The crucial role of a startup accelerator in scaling your business from initial revenues
- ByPassionIT News --
- 2023-07-27
The thriving Indian start-up ecosystem houses over 61,000 startups with a combined valuation of over $250 billion. Today, we all know someone who has an idea for a start-up and is working on hitting the ground. Some of these may see the light of day, while others will remain dreams. Having said that, it is interesting to see that the Indian of today wants to strive higher, solve bigger problems and make their mark in the world. Starting a business seems like a fairly simple task with vast resources available for those who are innovative in their outlook; every business owner agrees on the fact that scaling your business beyond a point is the real challenge.
When that adrenaline rush to grow your business dials down given the limbo a business reaches after a point, entrepreneurs usually look out for new strategies, fresh ideas and mentorship that can guide them out of this phase. This is where accelerator programs come in. Participating in these accelerators gives startups a competitive advantage that helps them succeed in a cutthroat industry.
https://timesofindia.indiatimes.com/blogs/voices/the-crucial-role-of-a-startup-accelerator-in-scaling-your-business-from-initial-revenues/
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