Hey! Wait a Second Here. Do Any of These Incubators and Accelerators Actually Work?
It wasn't terribly long ago that incubators were a niche concept. In 1980, you could almost count them on your two hands—there were just 12. Today, there are literally thousands littering Canada and the US.
While only a few are prominently famous—think Y Combinator in Silicon Valley and TechStars in New York City—hundreds upon hundreds more in every shape and size have triggered a tidal surge in this service of fostering startups. The idea is great: mix quality mentorship with access to funding to cultivate ecosystems of successful technology companies.
Yep, the idea is great. But do they actually work?
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