Thursday, April 16, 2020

Do I Need A Startup Accelerator To Fund Me

Do I Need A Startup Accelerator To Fund Me Backed by venture capitalists, colleges, and economic development groups, U.S. accelerators have helped launch more than 5,000 companies since 2005, the Brookings Institution finds. Could one of these programs help you? Here are four things to know. What you get. In most programs, early-stage founders receive seed money, industry mentorship, and training; at the end you’ll pitch a reworked idea to affiliated investors. Typically three to six months long, the programs are “crash courses in starting a business,” says Wharton professor Laura Huang. What you give up. Most are run by investors who want equity in your startup. But deals vary, and some take no equity at all. Video Player is loading.Play VideoPlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio TrackFullscreenThis is a modal window. This video is either unavailable or not supported in this browser Error Code: MEDIA_ERR_SRC_NOT_SUPPORTED Technical details : No compatible source was found for this media. Session ID: 2019-12-30:e96f2819dc9a6c469f554d50 Player Element ID: jumpstart_video_1 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.PlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Where to find one. Use the database at Seed-DB.com to identify options. It lists companies funded, capital provided, and equity share taken. Some programs specialize by industry while others offer local contacts; decide which will help you most. What you risk. These are competitive, intense, full-time-programs. You won’t have time to earn an income, and there’s no guarantee you’ll get additional investment once you’re done.

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