The accelerator model of helping young start-ups to grow has been around for a little over a decade now. Within this time frame accelerators have evolved in terms of business models, monetization strategy, organizational models and adaption to different industries – especially accelerators working in healthcare.
The beginning of modern tech accelerators started in 2005 with Y-Combinator as the first of its kind. After the big success of Y-Combinator other accelerators like Techstars, Seedcamp, Startupbootcamp or PlugAndPlay have followed this path. The trend of more and more accelerators entering the market came to a peak and turning point in 2013. The number of accelerators is in a steady decline since 2013. Running an accelerator successfully for a longer period of time isn’t so easy.
