Suresh Sharma’s Post

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Author I 'Vision-2-Impact' Entrepreneur I 'Industrializing Innovation' I Global Business Leader I Founder, Open Range Capital Partners (Building a new generation of mixed-use CRE - Innovation Infrastructure)

YES, they do. But not quite as much as you may think. The #Incubators and #Accelerators are not an end-by-themselves for your #startup success. It is very important to understand the scope, limitations, and the operating business model of each #Incubator or #Accelerator. There is a wide variability in them. Although, by providing crucial resources, mentorship, and networking opportunities, accelerators propel startups towards higher growth and increased funding compared to their peers. And access to expert guidance and funding accelerates market entry and product development, while fostering valuable connections within the startup ecosystem drives partnerships, customer acquisition, and investor confidence. For startups navigating growth, leveraging these opportunities can be transformative, ensuring long-term sustainability and competitive advantage. These are several of the good things. However, end-to-end de-risking of a startup is a continuum - a continuous process - and it is not a discrete or sequential step-by-step chain activity. What in reality happens at an #Incubator or an #Accelerator happens is that they are good at certain activity or the other during this continuum and not necessarily be with you throughout the whole journey. That is why despite that the outcomes being slightly better - but the failure rates are still pretty high. It boils down to our very understanding of the process of commercializing innovation. A deeper dive into this topic has been done by studying of over 4,000 incubators and accelerators in the book - "Industrializing Innovation - the next revolution" - wherein the authors - who are not academic but practicing entrepreneurs and business builders - lay out a roadmap for repeatable #startup successes. #Startup #StartupSuccess #Accelerators #Incubators #Industrializing-Innovation

Do Accelerators Improve Startup Success Rates?

Do Accelerators Improve Startup Success Rates?

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5mo

I've been thinking on success lately. New tools and trends are always popping up, but I'm starting to see a pattern. Focusing on solid data and consistent implementation often leads to better results than chasing the latest fad. Dr. Omar Ayyash

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