A good proportion of these accelerators are either funded by the government or by well established corporates. Most of the times, I think the end outcome for the accelerators which provide these equity free funds is steady deal flow of startups with rich information on their performance, so that they can help the late stage investors with more information.
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What is the business model for accelerators that don't take equity? Are they all non-profits or government funded?
A good proportion of these accelerators are either funded by the government or by well established corporates. Most of the times, I think the end outcome for the accelerators which provide these equity free funds is steady deal flow of startups with rich information on their performance, so that they can help the late stage investors with more information.