Accelorators and their role in the knowledge economy

From left: Muhd Zafeeruddin Mohd Sakriya, founder William Yap, Stanley Wong and Justin Leo technology hub development division head, Nazri Tumin technology hub development division head, Nazri Tumin

A NUMBER of incubators, both private and government funded, have sprung up in the Klang Valley over the past few years as the Government pushes for the growth of more local tech entrepreneurs and startups.

While incubators help in the development of startups by offering things like office space, professional services and business advice, it is hard to ignore the fact that many of them remain unoccupied.