As a co-founder of TechStars, I'm a huge believer in the mentor-driven accelerator model. But I don't think government should be fundi
ng these accelerators, nor do I think they need to.
A good accelerator can be run in any city in the world for $500,000. Entrepreneurs with a compelling track record and approach should be able to easily raise, or even provide this capital. As evidence of this, there are already hundreds of accelerators in the U.S., without government funding, being run as entrepreneurial ventures for profit by entrepreneurs.
To read the full, original article click on this link: Government Shouldn't Be In the Accelerator Business | Inc.com
