The UK’s corporate accelerator sector is positively booming, with startups playing an increasingly important role in the open innovation strategies of large firms, including the likes of Jaguar Land Rover, John Lewis, and Barclays.
According to a report by Nesta, of the 163 accelerator programmes in the UK over half are now funded or sponsored by corporates, up from just 26 in 2014. While this indicates the growing importance that large organisations now place on their interactions with startups, the sharp upward trend in accelerator activity has prompted some to question their value.
