Startups Need Incubators and Accelerators
A new study conducted by Nesta, the innovation experts, explored the impact of incubators and accelerators on startups. The study found that most startups consider the incubators or accelerators they have attended to be significant or even vital to their success. Similarly, startups’ participation in accelerators is positively correlated with higher survival rates, increased growth in employee numbers and higher amounts of funds raised.