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Accelerators provide enough funding to get a company to ‘Demo Day,’ from which point the startup is on its own.<ref>{{Cite web|last=Kronenberger|first=Craig|date=2021-03-29|title=What Startup Model is Right for You?|url=https://medium.com/startup-studio-insider/startup-studios-vs-accelerators-82b8545aba0a|access-date=2021-05-07|website=Medium|language=en}}</ref>
'It is important for [[Startup company|startup]] founders and directors to be aware of the fact that taking part in an accelerator’s programme is beneficial to the startups at more advanced stages of development – it increases their profitability by 12%.'<ref>Cacciolatti L., Rosli A., Ruiz-Alba J. & Chang J. (2020). [https://www.researchgate.net/publication/335977419_Strategic_Alliances_and_Firm_Performance_in_Startups_with_a_Social_Mission Strategic Alliances and Firm Performance in Startups with a Social Mission]. Journal of Business Research, 106(Jan), 106-117 – ISSN 0148-2963</ref>
==History==
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