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Learn / Who advances districts? / Ecosystem builders / Accelerators and incubators

Accelerators and incubators

Ecosystem-building intermediaries. Organizations that support the growth of individuals, firms, and their ideas. They help build innovation ecosystems “from the ground up” and address gaps, such as in facilitating how companies and institutions work together, supporting the process of research commercialization.

The role of accelerators and incubators

Accelerator

 

Where groups of experienced business owners and investors “accelerate” a cohort of companies through a short but intensive program, such as three to four months, finishing with a “demo” or “pitch” day.

Incubator

 

Where startups are supported to “incubate” potentially disruptive ideas at an early stage. Programs can include coaching and networking. Spaces can include wet labs, dry labs and office space.

Who Advances Districts?

Other actors advancing innovation districts:

 

Actors advancing R&D

Universities & medical institutions, R&D magnets, Companies

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Ecosystem builders

Accelerators and incubators, Other types of intermediaries, New kinds of anchors

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Investors

Governments, Philanthropists, Real Estate Developers, Other investors

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Mission-driven organizations

Mission-driven organizations

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