If you follow the entrepreneurial space, chances are you’re familiar with accelerators such as Y Combinator, 500 Startups, Tech Stars, and many other notable programs. Many modern aspiring entrepreneurs view accelerators as the key to success for their project.
While these entities can provide a boost to your business, as with most financing rounds it’s important to fully understand the terms of any arrangement before submitting your applications.
Before continuing it’s important to note that the terms incubators and accelerators are not interchangeable. Although the differences are beyond the scope of this article, incubators can be thought of as being geared towards companies who are looking to grow over an extended period of time. In most cases incubators are geared towards scientific projects which require an extensive amount of capital and development before something can be created.
Continue reading %Will an Accelerator Help or Hurt Your Startup?%
by Charles Costa via SitePoint
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