A concept known as startups studios has gained ground. Unlike traditional accelerators or incubators which enable the growth of an existing startup, in such studios new ideas are floated. These ideas are either generated by the studio itself or borrowed from some industry experts. Also known as startup factories, these institutions provide several facilities such as office space, back office solutions, hosting service, product design, management processes, legal advice and a multi-disciplinary team. Two such studios which have taken this business innovation to the next level are Digilityx and eFounders. The latter focuses on SaaS based solutions while the former helps in delivering projects timely.

Source: http://innovationexcellence.com/blog/2016/09/28/startups-studios-a-new-kind-of-startups-and-innovation-accelerators/