Are incubators wasting time and money of young entrepreneurs?

Role of Incubators in success of a startup

There is a wave of startups in India when Govt. initiated startups India program. There were a time when people were starting their businesses from their own savings or borrow from friends and family. But now Govt. is encouraging young entrepreneurs by providing cash incentives through incubators or venture capitalists. 

Private venture capitalists has made the incubator centers to support new ideas. They are with mindset of professionalism who believe in documentation with technology. Young entrepreneurs feeds with their terms of management. It seems irrelevant with reality when you go for ground check.

Incubators are in the role of facilitator who supports new startups come with hope to get financial support. They call it seed fund. 

Many youngsters go to them with new ideas, best presentations and zeal of working towards their idea. Incubators also find interesting their ideas and get them enrolled under their program. Incubators have program fee to get them mentor-ship, fixing the meeting with investors, allowing them to make network with young entrepreneurs. 

Youngsters get frustration when they find after three month or more month program with incubator we again came to zero from where we have started. Incubators don't give attention to their need, their skill, their fund requirement, support etc. they give their own fix agenda in excel sheet, ppts etc. So startups gets frustration after spending three to six month time, energy and money is extra which spent during that period.

I find what incubators should do that they should bet on young ideas, choose them and give seed fund to all who got selection. Track their progress and mentor them. If they get fail then also youngsters will learn a lot and their purpose will solve of opening an incubator center in true meaning.

Many times we found that while following incubator's steps we end up with no output in hand. Many of youngsters lose their belief on their idea and start finding jobs to shape their career. 

Also there are many examples when a young mind work for startup for a year or more they don't find jobs according to their expectations like salary, freedom at work etc. 

So there should be careful while adapting an incubator center's advice to shape your startup. Better is you start your work with limited resources available and build business venture around your society, friend and family. It will be a biggest moral booster.

Good Luck.