Impact of Startups by Incubation Programmes in National Economic Development

Abstract

In recent years, there has been a significant rise in student entrepreneurship across the country, driven by a growing culture of innovation, institutional encouragement, and government-led initiatives such as Startup India. In parallel, higher education institutions have increasingly integrated entrepreneurship development into academic and co-curricular programs. The research contributes to the growing body of knowledge in entrepreneurship education and student-led startups. It specifically adds to the understanding of how incubation and mentorship programs function within academic institutions and whether they effectively translate into viable startup launches. The findings can guide policymakers at both the state and national levels in revising and strengthening startup support schemes like Kerala Startup Mission (KSUM) and Startup India. By identifying the institutional and infrastructural gaps in mentoring and incubation programs, the study can contribute to more targeted interventions and funding mechanisms for student entrepreneurs. Educational institutions offering entrepreneurship development programs can use the study to assess the effectiveness of their current incubation and mentorship services. The insights can aid curriculum developers, placement cells, and incubation centres in tailoring support mechanisms that align better with student needs and market realities.