The quality of the founder and the strengths of the team can be just as important as a good business model when pitching to a start-up accelerator, claims Ragnar Sass
With competition in the job market increasingly tough, many individuals are looking to transition their idea into a business. However, with 80 per cent of start-ups failing in the first five years, gaining access to the necessary guidance and capital is more important than ever.
One way of doing this is by applying to a business accelerator, a scheme where startups can apply and, if accepted, receive equity investments and advice in return.