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In Europe, the first accelerator program was started by Accelerace in 2009 in Denmark (strongly subsidised by the Danish government) followed shortly after by Startup Wise Guys in 2012 in Estonia. With the growing popularity of seed accelerator programs in the US, Europe has seen an increase in accelerators to support a growing startup ecosystem.
gener8tor is an American startup accelerator that operates in several US cities, including Madison, Milwaukee, and Minneapolis. [ 2 ] Since its inception, gener8tor has invested in 180 companies, which have gone on to raise more than $1 billion in total follow-on financing.
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.
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The accelerator is a subsidiary of Innovation Works, which receives funding from the state of Pennsylvania for economic development. It focuses on technology startups headquartered in the Pittsburgh region. [2] AlphaLab was one of the first 10 accelerators in the United States and one of the first 100 accelerators in the World.
Blue Startups is a Hawaii-based accelerator company co-founded by Henk Rogers, Maya Rogers and Chenoa Farnsworth in 2012. They created it to help startup companies, and help make Hawaii more identifiable as a technological business hub. The company has a network of over 120 mentors from the Hawaii, Silicon Valley, and Asia areas.
According to CB Insights from 2020 to 2022, it was the most active startup accelerator in the world with an average deal count of 929 per year, followed by Y Combinator and Techstars. [ 2 ] History