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Over the past several years, there’s been a huge increase in accelerator programs that fund, mentor, and incubate young technology companies. The two most highly visible and popular programs – TechStars and YCominbator — have acceptance rates that rival Ivy League colleges. TechStars, for instance, has programs in Boulder, Boston, Seattle, and New York and receives approximately 2000 applications for 40 spots. But if your company is lucky enough to be accepted, it’s a bit like finding Willy Wonka’s golden ticket.

To read the full, original article click on this link: Do You Have What It Takes to be a TechStar? | BNET

Author: Donna Fenn