STARTUPS: Organisations that help fledgeling companies have been around for years, but the proliferation of tech-based business since the explosion of the web has created an entire ecosystem around startup accelerators. Travel-specific accelerators are increasing in number, too. But there are some who doubt if the current concept completely serves those it is supposed to be helping. Read more on The Next Web.
There are plenty of great startup accelerators that have track records in supporting entrepreneurs.
But not every programme is open about its motives, and it’s an unfortunate fact of life that there are organisations that deliberately mislead founders.
It’s important for accelerator programmes to be open and transparent with startups - before, during and after the programme, because a bad accelerator can not only damage a team’s prospects, they can kill them outright.
Read more on The Next Web
NB: Startup accelerators building blocks image via Shutterstock.