Examining the Role of Technology Business Incubators (TBIs) in Facilitating the Establishment and Growth of Entrepreneurial Ventures

Abstract

This research investigates the role of institutional support mechanisms in fostering startup success, with a particular focus on incubation and mentoring support factors. The study evaluates startups supported by SIIC through quantitative analysis of key support factors (incubation, funding, infrastructure, and mentoring), each rated on a four-point scale, alongside the growth outcomes ( ). A rigorous methodology is adopted, comprising data collection, preprocessing, and statistical testing of hypotheses, supported by both descriptive and inferential analysis. The hypotheses formulated posit that higher levels of structured incubation and mentoring significantly contribute to measurable improvements in startup performance.

The results validate these hypotheses, demonstrating that mentoring and incubation support exert a statistically significant positive effect on the success and sustainability of startups. In particular, regression models indicate that mentoring intensity strongly predicts performance outcomes, while incubation support enhances long-term growth and stability. Other factors, such as funding and infrastructure, show moderate but complementary influence. These findings provide evidence that tailored, high-quality incubation and mentoring interventions can substantially improve startup trajectories.

The study contributes to the growing body of knowledge on entrepreneurship support systems by highlighting the relative importance of structured institutional support. Furthermore, the results offer actionable insights for policymakers, incubation centers, and ecosystem stakeholders seeking to optimize startup development frameworks. This research thus establishes a foundation for designing evidence-based incubation and mentoring strategies aimed at maximizing entrepreneurial success and sustainability. z