For many reasons, the business model of the accelerator has evolved rapidly in the past decade. From the shifting approaches to external innovation in corporate halls to the attractive nature of investing in Skunk Works away from the balance sheet, running a high volume of risky projects through accelerators is appealing to investors. For entrepreneurs in need of flexible space, core facilities, shared resources and the occasional captive fund, visiting investor and free lunch, accelerators are an attractive gathering place for those in the throes of taking the leap.
Yet there are few standards and the business model is still young. Join the CTC as we look across innovative sectors at comparative approaches to public, corporate and nonprofit incubators and accelerators through the CTC’s special interest group, the California Business Incubation Alliance. The CBIA will be meeting in April. For more information, contact us.