Accelerators are becoming an increasingly important part of the startup ecosystem all around the world. Seedcamp here in Europe and TechStars and Y Combinator over in the US have set the standard for others to follow. Most of them offer startups the chance to exchange 5-10% of their equity for a small investment (typically sub $50k), a three month intensive mentoring programme and increased visibility amongst the investment community. Typically they have one or two programmes operating on an annual cycle.
Startupbootcamp (which is affiliated with TechStars) was new on the scene in 2010 and ran its first programme in Copenhagen in the autumn of 2010. They had a bunch of good mentors there including my friends Tommy Ahlers, Richard Anson, Michael Jackson, Hazel Moore, Morten Wulff, and last but not least Alex Farcet, who is the driving force behind the whole shebang. It is too early to know how successful the companies will be, but initial reports from the companies who participated and investors who have seen the companies are very positive.
To read the full, original article click on this link: Danish accelerator Startupbootcamp goes pan-European « The Equity Kicker
Author: Nic Brisbourne
