The University of Gadjah Mada (UGM) has successfully achieved award as an A-rated incubator institution. This accolade was conferred by the Ministry of Cooperatives and Small and Medium Enterprises (KemenKopUKM) to incubator institutions that have effectively supported and nurtured new entrepreneurial tenants and startups, enabling them to evolve into high-quality economic players. The Incubator Award 2023 event was organized as part of the government’s efforts to enhance the role of incubator institutions, aligning with the strengthened regulations governing business incubation incorporated into the 2020 Job Creation Law through the issuance of Government Regulation No. 7 of 2021 and Presidential Regulation No. 2 of 2022 Regarding Entrepreneurship Development. The event, held on December 9, 2023, in Jakarta, was attended by Arief Sudarsono, S.T., M.Eng., representing UGM and receiving the award. On this occasion, Deputy of Entrepreneurship at KemenKopUKM, Siti Azizah, expressed that one of the strategies implemented to achieve the growth targets for new entrepreneurs and startups is through incubator institutions.