Changes

University accelerators, like standard accelerators combine mentorship and education in a fixed-term cohort program. Rather than being run by a purely entrepreneurship-focused entity, university accelerators are powered and run through universities. Generally the advising is provided by entrepreneurship and business academics, and while . While entrance costs and expectations are comparatively low, enrollment is generally restricted to those affiliated with the University.   is a “fixed-termThe cohort size, cohort-based time of program including mentorship and educational components, that culminates in a public pitch event, often referred total funding of university accelerators tend to as ‘demo-day’” (Cohen and Hochberg, 2014). The mission of an accelerator, often a be smaller than than their non-profit entity, is to provide early stage start-ups with resources, mentorship, and networking needed to gain access to venture capital fundingacademic counterparts. On average, cohorts stay with an accelerator for 3 months cumulating with a pitch to several venture capital investors. (Fehder and Hochberg, 2014)