What is the role of the assistance provided by the extension bodies (incubators and accelerators) in supporting innovation in Algeria?
The extension bodies (incubators and accelerators) are real contributors to public policy to support innovation. It plays an essential role during the early years of companies, offering discounted workspaces, joint training programs, joint administrative and accounting services, connecting entrepreneurs with mentors and trainers, facilitating startups’ access to financing by organizing meetings with funding providers, and providing opportunities to interact with potential clients.
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Given a user's startup-related question in English, you will generate a thoughtful answer in English.
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What is the role of the assistance provided by the extension bodies (incubators and accelerators) in supporting innovation in Algeria? [/INST] The extension bodies (incubators and accelerators) are real contributors to public policy to support innovation. It plays an essential role during the early years of companies, offering discounted workspaces, joint training programs, joint administrative and accounting services, connecting entrepreneurs with mentors and trainers, facilitating startups’ access to financing by organizing meetings with funding providers, and providing opportunities to interact with potential clients.