CSEET · Economic and Business Environment · Entrepreneurship Scenario
Which statement about business incubators in the entrepreneurial ecosystem is most accurate?
Business incubators support early-stage startups by providing workspace, mentoring, networking and sometimes seed funding. They are not regulators who license startups, nor lenders to large corporations, nor stock exchange platforms. Their role is nurturing ventures until they become viable and can grow independently.
- AThey are regulators that license startups before they begin operations
- BThey provide early-stage startups with support such as workspace, mentoring, networking and sometimes seed fundingCorrect
- CThey only lend long-term loans to large corporations against collateral
- DThey are stock exchange platforms where startups list their shares compulsorily
Explanation
Incubators nurture early-stage ventures by providing shared infrastructure, mentoring, networking and often access to seed funding. They are not licensing regulators, large-corporate lenders, or compulsory listing platforms; startups are not required to be licensed or listed by them.
Did you get it right without looking?
One question tells you little. A timed set on Entrepreneurship Scenario shows your real accuracy, how long you take and where you lose marks.
More Entrepreneurship Scenario questions
- Which institution was set up to provide refinance and development support for the promotion and growth of the micro, small and medium enterp…
- The Fund of Funds for Startups (FFS) scheme, managed through SIDBI, supports start-ups mainly by which route?
- Which of the following is a feature of the Start-up India Action Plan relating to compliance?
- Which of the following is NOT generally treated as a characteristic of entrepreneurship?
- Which of the following is generally regarded as a characteristic of a successful entrepreneur?
- Meera, an aspiring entrepreneur, has found an idea that seems attractive. Before committing funds, she tests whether it is genuinely a viabl…