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Accelerator Definition Based on a Review of Definitions in the Literature (view source)
Revision as of 22:19, 28 March 2019
, 22:19, 28 March 2019→Accelerator Definitions in the Literature
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|Dempwolf et al. & Small Business Association|2014|Accelerators select and invite a small group of entrepreneurs to startup boot camps, providing mentoring, resources, and, most important, industry connections during these programs. Successful graduates leave with the next stage of funding or revenue in hand, and all graduates leave with a small percentage of their company’s equity ceded to the accelerator. Accelerators address the funding gap for startups and the information gap for wouldbe investors by acting as network brokers. They reduce search costs for angel funders and venture capitalists while creating a pipeline of vetted technologies for the market. By concentrating resources through seed funding, access to investment networks, and intensive mentoring, accelerators are able to identify “winning” ideas more quickly and help those startups grow.The proposed taxonomy distinguishes accelerators from other startup assistance organizations based on the organization’s value proposition and business model, both of which are influenced significantly by the accelerator’s technology focus and the founder’s motivation for starting. ||[http://www.knsecure.com/Resources/Articles/Defining%20Characteristics%20Among%20Startup%20Assistance%20Organizations.pdf/ Link]|TBD
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|Fishback et al. |2007|...accelerators are organizations offering a suite of professional services,mentoring, and office space in a competitive program format. |[http://www.knsecure.com/Resources/Articles/Defining%20Characteristics%20Among%20Startup%20Assistance%20Organizations.pdf/ Link]|TBD
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