Ep. 21 - Why (corporate) accelerators fail
Jan 30, 2024 ·
32m 10s
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Description
Why (corporate) accelerators failIt is not a secret that most corporate (and not only corporate) accelerators do fail. Among the reasons (based on a recent study) being very transactional and...
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Why (corporate) accelerators failIt is not a secret that most corporate (and not only corporate) accelerators do fail. Among the reasons (based on a recent study) being very transactional and taking equity. Intel Ignite, whose goal is to work with the best disruptors of the world (with a focus on early-stage deep tech startups), works differently. The acceleration program is built on a co-founder-as-a-service model. They act as co-founders without taking equity. “Startups are time-bound entities (they evolve very quickly), founders are not.” says Tzahi (Zack) Weisfeld. Intel Ignite aims at creating relationships with top notch founders.To make it work, you need:
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- The right people running (serial entrepreneurs)
- The right corporate sponsorship (Ignite is supported by Greg Lavender, the EVP & Chief Technology Officer)
Information
Author | Mind The Bridge |
Organization | Tiberio Santomarco |
Website | - |
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