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Today, we want to talk about Accelerators. Typically, an Accelerator is a 3 to 6-month program hosted by private or public institutions to support entrepreneurs and startups on their journey to launching their own products or services. An Accelerator offers a network of business partners & mentors, workshops, legal aid and possibly even funding to aspiring entrepreneurs. Over time, corporations started to tap into the networks of local and international Accelerators and even launched their own accelerator programs. Look at the Wayra Accelerator by Telefonica or Google Launchpad, for example. Their main goal is to provide exposure to new & upcoming services and possibly exclusive access to those. Corporations now see a strategic advantage in having access to or running such programs themselves. Employees of such Corporations can join their internal accelerators with their own product or service idea, without giving up their job or leaving the network. They effectively become so-called “Intrapreneurs” – if you want to know more about what Intrapreneurs do, check out this video right here: • Intrapreneurship: Establishing a Start-up ... #accelerator #startups #innovation ___ Boost your Hackathon outcomes with this Software: https://www.hypeinnovation.com/en/sol... ___ Blogs: https://blog.hypeinnovation.com/fueli... https://blog.hypeinnovation.com/explo... https://blog.hypeinnovation.com/intra... ___ Credits: Icons in the thumbnail: Freepik: https://www.flaticon.com/ surang on Flaticon: https://www.flaticon.com/authors/surang