The amount of new startup accelerators has gone through the roof. Since they first entered the scene in 2005 over 3,000 accelerators were advertised globally in 2021. It all started with accelerator programs backed by a venture capital fund, such as Y-Combinator. Now accelerators are run by governments, corporates, universities, ex-startup founders, or in partnership with the venture capital(VC) ecosystem. This isn’t surprising, as accelerators are proven to have a positive effect on startup success. Research shows startups that ‘graduate’ from an accelerator program have a 23% better survival rate. This is considerable seeing as an estimated 90% of startups…
This story continues at The Next Web