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Accelerators can help startups survive the pandemic by boosting diversity


Business accelerators are programmes which offer various types of support, including training, mentorship, access to workspaces and investment, to early-stage businesses with the aim of helping them through the fragile early stages of growth. They may play a vital role in post-COVID-19 recovery. In a recent study, funded by the UK government, we found evidence that participating in one particular accelerator (which will remain anonymous) was associated with an increase in business survival rates, investment raised, and growth in the number of people employed. This could be vital as new businesses struggle to thrive in increasingly uncertain economic times. On…

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