Not all startup accelerators are created equal. Here’s what you need to know before jumping into the application process.
Startup accelerators are on the rise, as would-be entrepreneurs are jumping at the chance to land one of the coveted positions within these cohort-based incubators. The numbers illustrate a growing demand, as applications to the 200-plus accelerators worldwide have nearly doubled in the past two years, according to the Wall Street Journal.
“Some great examples that seem to be proving that there is value in specialization include RockHealth [for healthcare startups], the Microsoft Kinect Accelerator [for ideas that use Kinect], the Code for America Accelerator [for civic startups], The Hub [for socially-focused initiatives], and Women Innovate Mobile [for women-founded mobile technologies].
“I predict that we’ll see more and more specialization; however, the trick will be to ensure we continue to encourage collaboration across industries and not build silos similar to our current educational models, since we do know that the most innovative ideas come via collaboration and adaptation across disciplines.”
See on forbes.com