The Incubator Effect: How Incubation Centers’ Challenges Can Disadvantage Women Entrepreneurs
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Abstract
Purpose: Incubation centers are often touted as catalyst for entrepreneurial growth, yet women entrepreneurs frequently encounter unique challenges within these spaces. The purpose of this paper is to identify the challenges that business incubators are facing which is becoming a hindrance in the growth of women entrepreneurs.
Design/methodology/approach: This study has used the qualitative method by reviewing the previousre search that has been done and also by reviewing the reports of different organizations.
Findings: The findings reveal that major challenges that incubation centers are facing are financial sustainability, lack of skilled professionals and access to advance technologies that impacts the women entrepreneurs by reducing guidance, increasing burden, increasing their financial strain and limited exposure.
Research limitations: This research primarily relies on the existing literature that has been available. It covers the general perspective, but the result can differ for different and specific situations.
Practical implications: The findings of this research have crucial practical implications for incubation centers operators, investors, policy makers and government. By addressing the identified challenges through initiatives like sustainable funding model, Gender-sensitivetraining for incubator staff and Technology Equity Programs government and investors can support them which will help role in empowering women entrepreneurs which will help in the growth of the nation.