One of the gauges for startup activity is funding and it’s pretty clear that the pandemic was a watershed moment in this regard. Latest data from EY show that private equity and venture capital investment in startups more than doubled in H12021 to $6 billion. With more activity in the market, ancillary businesses like accelerators and incubators also thrived.

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https://www.business-standard.com/article/companies/is-the-pandemic-a-silver-lining-for-startup-accelerators-and-incubators-121072001291_1.html