The Future of Corporate Accelerators
Full article on Tech In Asia can be read here.
| Oct 2019 |
Over the years, the rise of corporate accelerator programs have contributed to the growth of many start-ups and also launched billion-dollar companies like Dropbox, Airbnb, and Stripe. As the start-up ecosystem continues to grow, the needs of entrepreneurs will inevitably change. To meet the evolving demands of start-ups, accelerator programs are going beyond offering general resources and mentorship but also providing value added services such as setting up local teams, raising funds to scale the business and more.
In an interview with Tech In Asia, Kong Wan Sing, Founder and CEO of JustCo believes that this growth will drive corporate accelerators to become “asset-light and nimble enough to pivot when required” as they can rely on their existing network and resources to be able to react swiftly to evolving demands.