Startup Accelerators: A Field Guide - Tapa dura

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RICHARD BUSULWA (PHD, MBA, M.Innov) is a researcher in the Business School at Swinburne University of Technology, home to the Australian Graduate School of Entrepreneurship. His research focuses on startup evolution, entrepreneurial learning, entrepreneurial well-being, and strategy for startups. He is co-author of Strategy Execution and Complexity: Thriving in the Era of Disruption. Richard is a startup co-founder and seed investor in cloud, IoT, AI, blockchain, property, and niche professional service firms.

NAOMI BIRDTHISTLE (PHD, MBS, BA Hons) is Associate Professor of Entrepreneurship and Business Innovation at Griffith University and is a visiting academic to Aalto University-Mikkeli campus. Naomi has published research on entrepreneurship education, entrepreneurial ecosystems, and family business management issues. Her research has received numerous awards including Emerald Literati awards, a best Doctoral Dissertation Award from the Family Firm Institute, and the Institute of Small Business and Entrepreneurship (ISBE) best paper in a conference track. Naomi has run her own consulting business and has worked in her family business in Ireland.

STEVE DUNN (MBA, BA) is CEO and cofounder of LEAPIN Digital Keys, a startup that delivers NB IoT smart access control solutions. Since its founding, Steve has led the startup through a number of different accelerators within Asia Pacific, USA, and Europe. He has also led the startup through several iterations and pivots with a variety of IoT technologies, to finally find product–market fit. Steve is a mentor and coach in university-based accelerators and incubators.

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Praise for STARTUP ACCELERATORS

"This book provides insight into what an accelerator is, how it can help your startup, and how you get into one. It helps to demystify the process and answers many lingering questions a young startup entrepreneur may have. A good read for sure!"
—Jindou Lee, 500 Startups Accelerator Alumni; Co-Founder, HappyCo

"Accelerators are a proven model for accelerating startup development—this book guides the startup all the way from accelerator application right through to demo day and helping raise funding after the program has finished."
—Al Pappas, Accelerator Mentor; Former CIO, Adobe Inc.

"Nicely structured, balancing the theoretical and practical with real world examples from the co-author. As a business person who experienced a start-up in an accelerator in their earliest days, and also as a mentor, I firmly recommended this as a condensed guidebook to the process."
—Paul Cummins LL B (Hons), Lawyer; Startup Mentor

"If you're weighing up the options for yourself, or just need a comprehensive breakdown of how accelerators work, this is the book for you".
—Murray Galbraith, Head of Innovation, Cohort; Entrepreneur in Residence, Gold Coast (AUS) Health and Knowledge Precinct

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Accelerator programs have become one of the most powerful and valuable resources for entrepreneurs seeking to learn rapidly, build powerful networks, raise capital, build their startups, and do this at speed and scale.

The number of accelerator programs around the world has grown at an incredible rate, propelling startups such as AirBnB, Uber, DropBox, Reddit, and others—many to billion- dollar valuations.

But entrepreneurs wanting to reap the benefits of accelerators face challenges. The sheer number of accelerators, variety in accelerator program offerings, and differences in the benefits and costs of accelerator locations make choosing the right accelerator a challenge.

Selecting the wrong accelerator, failing to get accepted into the right one, or not fully taking advantage of the best an accelerator has to offer can be costly—sometimes fatal. With the stakes so high, entrepreneurs need to understand all their options, choose carefully, and do the right things to maximize their chances of success.

Startup Accelerators: A Field Guide is the indispensable guide to navigating this challenge. It provides readers with a firsthand look into the acceptance criteria of different accelerator programs and how to navigate the different stages of the accelerator experience. It further looks at the inner workings and strengths of different accelerator programs, how to get customers and raise funding during and after an accelerator, how to make the most of an accelerator, and what common traps to watch out for.