Three Ways Accelerators Make Money

1. Three Ways Accelerators Make Money The number of accelerators worldwide is over a thousand. Around 35 per cent of them are aligning with universities, the government funds 29 per cent, and some 15 per cents get the grants from the wealthy individuals and institutions. At the same time, the remaining presumably are privately financed. Most accelerators try to raise the money with the intention of funding their startups. The article we will discuss three significant ways through which the programs have tried to raise the operating cost of the accelerators; Sponsorship Having a large corporate sponsor is the most frequently used means to raise operating funds—even some local government organizations to connect to the community sponsor these accelerators. Many accelerators target entrepreneurs

2. and startup talent with their product and services to raise sponsorship from local accounting and real estate firms who benefit from the startup community. Events While some accelerators raise money by putting together Hackathons, others run large industry events to generate operating cash. This event usually focuses on the aid for future entrepreneurs, community participants, and local businesses. Typically these events are networking opportunities and charging attendees a nominal fee to cover the costs, while marketing for the accelerators. Grants To support entrepreneurship, at times the government and the private donors, donate commissions to accelerators. This way, the accelerators promotes local jobs makes the city tempting to a larger group of companies, eventually helping the economy at the local level. These donations are on the performance of the accelerators, and usually, there are not any strings attached. The Startup Lab is a Growing A Startup. They are providing you with the Business Accelerator, to Grow Your Startup. It provides Financial Projection Assistant Company and is a Compliance Services For Startups. Seek their best services for Business Compliance Services For Startups.