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Sunday, January 29, 2012

Revitalizing the American Dream: How Incubators Speed the Start-up Process | Inc.com

Revitalizing the American Dream: How Incubators Speed the Start-up Process | Inc.com: "Most start-ups don't need much money to get going. But that doesn't mean they don't need help. That's where so-called seed accelerators come in -- outfits like Y Combinator in Silicon Valley; the aforementioned TechStars in Boulder, Boston, and soon Seattle; and the Capital Factory in Austin. A mashup of angel investing, speed dating, and geek camp, most seed accelerators adhere to the same basic model: A group of seasoned entrepreneurs and investors selects a few founders with sound business ideas; hands over a little cash and a place to work for a couple of months; and provides lots of hands-on coaching, strategizing, and butt kicking in exchange for a modest equity share in the company."

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