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Accelerator Definition Based on a Review of Definitions in the Literature (view source)
Revision as of 22:13, 28 March 2019
, 22:13, 28 March 2019no edit summary
|[http://www.knsecure.com/Resources/Articles/Defining%20Characteristics%20Among%20Startup%20Assistance%20Organizations.pdf/ Link]
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|Atkins
|2011
|Clients: Web-based, mobile apps, social networking, gaming, cloud-based, software, etc.; firms that do not require significant immediate investment or proof of concept; primarily youthful, often male technology enthusiasts, gamers, and hackers. Selection Process: Competitive selection of firms from wide regions or even nationally (or globally). Terms of Assistance: Generally 1- to 3-month boot camps. Services: “Fast-test” validation of ideas; opportunities to create a functioning beta and find initial customers; linkage of entrepreneurs to business consulting and experienced entrepreneurs in the Web or mobile apps space; assistance in
preparing pitches to try to obtain follow-up investment.
|[http://www.nbia.org/resource_library/review_archive/0611_01.php/ Link]
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|Hoffman and Radojevich-Kelley
| 2012
|They are for-profit organizations that receive equity in exchange for the provision of funding to the startups. They do not necessarily provide office space for the startups they support, but typically provide meeting space. They target regional, national, or even global startups.
|[http://www.knsecure.com/Resources/Articles/Defining%20Characteristics%20Among%20Startup%20Assistance%20Organizations.pdf/ Link]
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| UK Department for Business, Energy, and Industrial Strategy
|2017
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|[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/608409/business-incubators-accelerators-uk-report.pdf/ Link]
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|Telefonica & O2
|2014
|Duration: Accelerators typically offer intensive support over a limited timeframe, with a fixed number of intakes per year. Investment: Many accelerators offer pre-seed funding to startups in return for equity. Fees: The majority of accelerators invest for equity rather than charging a fee upfront; some do charge programme
fees but increase their investment to cover the amount. Workspace: Accelerators put greater emphasis
on training and mentorship, offering workspace for limited periods. (pp. 9)
|[http://cdn.news.o2.co.uk.s3.amazonaws.com/wp-content/uploads/2014/12/O2_WAYRA_Report_121214.pdf?_ga=2.95090709.867707169.1553826924-1724939740.1553826924/ Link]
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[[File:CohenIncubatorvsAccelerator.PNG]]
[[File:Table2.PNG]]
Source: Excepts from Atkins, D. 2011. What are the new seed or venture accelerators? Available at
[http://www.nbia.org/resource_library/review_archive/0611_01.php/ Link].
[https://www.mitpressjournals.org/doi/pdf/10.1162/INOV_a_00184/ PP. 2 Differences Between an Incubator and an Accelerator]
