Incubator bubble: Why some start-ups don’t last
Tuesday March 09 2021
Girls in a tailoring session at an incubation centre. Some startups fail is because they ran out of cash.
PHOTOs/Godfrey Lugajju
Summary
Many start-ups don’t survive long after leaving the incubation centre because they have not built a good client base that will be willing to pay for their products. Others lack the capital beyond the incubation centre,
Justus Lyatuu and
Entrepreneurship is the new language around the streets. At least on average three out of six random persons have side hustles that they are grooming into a big dream one day. The drive to a culture of financial independence has alleviated due to a growing support system offered by different sector players.