Accelerator vs. Incubator: What’s The Difference?

Incubators and accelerators play an essential role in driving fintech innovation. A startup incubator provides a collaborative environment for early-stage companies, typically housed in a central workspace, where they receive crucial support through seed funding, workspace, mentorship, and training. These non-profit organizations are often associated with universities and business schools, welcoming participation from students, alumni, and community members alike.