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Development of prototypes and products

Posted: Tue Feb 18, 2025 6:57 am
by rubinaruma
By now, you should have understood that an accelerator is a company dedicated to boosting growing businesses, either through courses, training and mentoring or financially, thereby reducing their failure rate.

The main objective of an incubator is to optimize the structuring of initial projects by preparing and educating the new entrepreneur for the challenges of the market by providing:
While an acceleration program is rigorous and runs over a time period of 3-6 austria phone number list months, an incubator's plan is flexible and can take up to 2 years.

In terms of funding, the programmes draw on different sources of capital:

Incubator: Universities, entities and companies for economic development.
Accelerator: Private resources, VC.
As you can see, the models provide extraordinary solutions for startups according to their different stages of development, thus allowing companies to advance according to their pace and growth potential.

3 business accelerators in Latin America
Below, take a look at 3 Latin American accelerators recognized for their know-how and excellence: