If you’re interested in getting your start-up into an accelerator or incubator there’s no shortage of options. But these terms sometimes get thrown around interchangeably. Do you know the difference between the two?
I asked Paul Bricault, cofounder of Amplify, a Los Angeles-based accelerator, to define them.
“An accelerator takes single-digit chunks of equity in externally developed ideas in return for small amounts of capital and mentorship. They’re generally truncated into a three to four month program at the end of which the start-ups ‘graduate,’” he says.
To read the full, original article click on this link: Accelerator vs. Incubator: What’s the Difference? | Inc.com
