Date of this Version
- Incubators and accelerators are powerful resources that offer critical support to startups at progressive stages in their development. Each program has different goals: general business training, preparation to raise funds, creating a network of mentors and potential customers, etc.
- Startups can sometimes complete these programs without any associated costs, but they might need to dilute ownership.
- Before committing to an incubator or accelerator program, there are a number of considerations academic entrepreneurs should evaluate:
○ Is the program the right fit for the company’s needs?
○ Is full commitment to the program’s requirements possible?
- Corporate-sponsored and corporate-run accelerators may provide the following additional advantages:
○ Potential commercialization partner and/or investor;
○ Field-specific expertise and technical mentoring.
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Zappala, Fabiana and Rinkunas, Maureen
"Accelerators and Incubators,"
Academic Entrepreneurship for Medical and Health Scientists: Vol. 1
, Article 1.
Available at: https://repository.upenn.edu/ace/vol1/iss2/1