Thu, 18 June 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Equity funding is just one source of funding for your startup. There are many others such as accelerators and incubators. Accelerators and incubators provide startups with workspace, mentorship, pitch practice and in some cases funding. They are sponsored by universities, companies, and entrepreneur collectives. Accelerators provide an intensive program to help the entrepreneur prepare their business and product for an initial investment. The classes are usually small, around 5-10 companies. At the end of the program, the participants pitch to investors for funding. Incubators offer a physical workplace with offices, administration, and meeting rooms. Universities offer accelerators and incubators for students and faculty who want to commercialize research. The accelerator or incubator may have a fund from which it invests in startups who complete the initial program. This often takes the form of equity funding but some programs structure it as a grant. They often sponsor demo days in which you pitch to prospective investors. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Direct download: EG_Apr_2020_Startup_Funding_Espresso_--_Accelerators__Incubators.mp3
Category: -- posted at: 11:23am CST |