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In 2009, CIIE.CO launched iAccelerator, which was the first accelerator program in India for startups offering mentorships, market connections and access to capital. [ 14 ] [ 15 ] iAccelerator program provides three-month residential mentorship and guidance to the batch of selected startups.
Kerala Startup Mission (KSUM), formerly known as Technopark TBI, is a state-level agency under the Government of Kerala, India, dedicated to fostering entrepreneurship and incubation activities. Established primarily to manage the Technology Business Incubator (TBI), a startup accelerator, KSUM aims to cultivate a conducive environment for high ...
Startup accelerators, also known as seed accelerators or less frequently venture accelerators, are programs that serve as short-term business incubators for startup companies in their investment portfolio.
A technology business incubator (or TBI) is a type of business incubator focused on organizations that help startup companies and individual entrepreneurs which use modern technologies as the primary means of innovation to develop their businesses by providing a range of services, including training, brokering and financing. [1]
Accelerators generally consider that one person is insufficient to handle all the work associated with a startup. However, a number of 'founder first' accelerators exist that focus on solo founders, including Entrepreneur First, Antler, Oneday and Underdog Accelerator. [7] The startups must "graduate" by a given deadline, typically after 3 months.
The 9gag co-founding team discontinued all other projects and shifted their focus exclusively on 9gag. 500 Startups was given equity for their aid and mentorship. In July 2012, 9gag raised an additional US$2.8 million in funding from Silicon Valley–based venture capital, [ 7 ] including True Ventures and Greycroft Partners .
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[2] [4] [5] [6] The Antler "Residency" helps entrepreneurs find co-founders and teams to help develop their business idea, and invests in the startups that are thereby generated. [ 2 ] [ 4 ] [ 6 ] [ 7 ] The first program was launched in Singapore in 2018 where 1,400 people applied, 62 were accepted and at the end, 13 companies were selected. [ 2 ]