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How to run a startup accelerator

Founders Coop

One of the questions I heard most often from commenters was: “if Techstars is an example of a failed accelerator, what does a good one look like?” This post is an effort to unpack what’s required of a startup accelerator to truly serve the needs of high-performing founders.

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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. Resource aims to give local accelerators and incubators support in the form of training and community.

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Venture Atlanta 2023 “Startup Showcase Live” selects Enrichly as $500K Winner

American Entrepreneurship

Now with the winning $500,000 investment in hand, Jordan’s youth development startup will accelerate its mission of tackling the current teen self-esteem crisis. “I am so grateful to Venture Atlanta, BIP Ventures, Catalyst by Wellstar, Florida Funders, and Knoll Ventures for this incredible opportunity for growth,” said Jordan.

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What went wrong at Techstars

Founders Coop

tl;dr + Techstars was once one of the world’s leading accelerator programs, but has steadily been eclipsed by Y combinator. In simple terms, the local LP community owned 70% of the fund economics, the Managing Director owned 20% and Techstars owned 10%; we also paid Techstars a $50K annual fee to support the program’s back-office operations.

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

These are people whose business it is to support startups. Ideas get poorly vetted because the funders aren't current on tech trends. It's not quite the same when you're putting government money to work supporting new companies. Plus, you lack for visible champions--which is the complimentary air support.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Additional investors in the newest seed round and expanded credit facility include Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders and Fox Ventures. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.

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Invest In Women x Pittsburgh Founder Showcase scheduled for May 8, 2024 at Google Pittsburgh

American Entrepreneurship

ABOUT THE PROGRAM Invest In Women x Pittsburgh , a dynamic accelerator in collaboration with Ascender and powered by the Richard King Mellon Foundation, empowers emerging entrepreneurs by providing vital resources and unwavering support to fuel the growth of their ventures. Attend to meet them during the program and reception.

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