Startup accelerator: Difference between revisions

Revision as of 13:10, 26 August 2024

Revision as of 13:13, 26 August 2024

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==Impact==

Whether accelerators increase the success of accelerated firms is not always clear. A number of studies have shown that accelerated cohorts perform better than non-accelerated firms, but this is potentially due to the selection effect of programmes (i.e., the accelerators might be good at 'picking winners' rather than creating them). However, studies using [[regression discontinuity design]] show that accelerators can indeed have impact over and above their selection effect, and may also have wider ecosystem spillovers (although this does not necessarily apply to every program).<ref>{{Cite report |author=Jonathan Bone |author2=Juanita Gonzalez-Uribe |author3=Christopher Haley |author4=Henry Lahr |date=2019 |title=THE IMPACT OF BUSINESS ACCELERATORS AND INCUBATORS IN THE UK |url=https://www.gov.uk/government/publications/the-impact-of-business-accelerators-and-incubators-in-the-uk |publisher=BEIS}}</ref>

Startup accelerators and Incubators play a crucial role in guiding startups through the various stages of business development, offering structured programs and a supportive environment to foster growth. By participating in these programs, entrepreneurs gain access to essential resources, valuable networks, and opportunities for funding. At the Global Startup Summit organized by 21BY72, startups can connect with leading accelerators, incubators, and investors, making it the perfect platform to accelerate growth and secure the resources needed to succeed. Stay tuned to learn more and take your startup to the next level.<ref>{{Cite web |last=Startup Summit |first=21BY72 |title=Startup Accelerator and Incubators|url=https://www.21by72.com/accelerators-and-incubators-role-in-startup-funding/ |access-date=2024-08-26 |website=21BY72 |language=en}}</ref>

==See also==