What are Corporate Accelerators?
Based on an intensive literature review we use the following definitions throughout this site.
Accelerator
- Help early-stage startups through various means but at least mentorship and connections to potential investors
- Have management objectives that are often monetary
- Are fixed-term with durations of max. 12 months
- Are cohort-based
- Have a selective application process
- Typically provide stipends
- Typically take a non-controlling amount of equity
Corporate Accelerator
Corporate Accelerators are Accelerator programs which exhibit in addition the following criteria:
- They are either owned or sponsored to more than 50% by one or several corporate entities which main business is not work with startups
- The program’s objectives are derived from the parent’s interest