Founding Partner @ Dragonfruit Ventures | Building brands for founders & companies | TEDx Speaker
𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗜𝗻𝗰𝘂𝗯𝗮𝘁𝗼𝗿𝘀, 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿𝘀, 𝗮𝗻𝗱 𝗦𝘁𝘂𝗱𝗶𝗼𝘀 will pop up everywhere over the next 5 years. Why? 👇 Alberta Enterprise Corporation (AEC)'s recent $15 million investment in their Accelerate Fund IV highlights a trend: 🎯 𝘛𝘩𝘦 𝘳𝘪𝘴𝘪𝘯𝘨 𝘱𝘳𝘰𝘮𝘪𝘯𝘦𝘯𝘤𝘦 𝘰𝘧 𝘴𝘵𝘢𝘳𝘵𝘶𝘱 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘰𝘳𝘴. 𝗪𝗵𝘆 𝗗𝗼 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿𝘀 𝗠𝗮𝘁𝘁𝗲𝗿? 1️⃣ 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Accelerators often provide seed capital 2️⃣ 𝗠𝗲𝗻𝘁𝗼𝗿𝘀𝗵𝗶𝗽: Access to entrepreneurs and experts helps startups navigate challenges and scale fast. 3️⃣ 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴: Being part of an accelerator connects startups with potential investors, partners, and peers. 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 = 𝗡𝗲𝘁𝘄𝗼𝗿𝘁𝗵. Example: Google Accelerator alumni boast a 𝟵𝟲% 𝘀𝘂𝗿𝘃𝗶𝘃𝗮𝗹 𝗿𝗮𝘁𝗲, a remarkable number considering that over 𝟴𝟬% 𝗼𝗳 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝘁𝘆𝗽𝗶𝗰𝗮𝗹𝗹𝘆 𝗳𝗮𝗶𝗹. For entrepreneurs, joining an accelerator can be extremely beneficial, offering resources and support that significantly enhance their likelihood of success. But, sometimes they are unnecessary, and a lot are simply just unbeneficial… What's your take on Incubators, Accelerators, and Studios? 🤝 #StartupAccelerators #VentureCapital #Innovation #Entrepreneurship #DragonfruitVentures #AI #StartupFunding #Entrepreneurship #Innovation #Founder #Funding #Business #Investing #VC #Entrepreneur #Startup #Startups #Venture #Bootstrapping #CapitalEfficiency #StartupAdvice
Matt Shoss
2mo
What are your thoughts on them, and this trend? ⬇️
Shot over a DM to you guys. Yet to hear from you 🙃
Founding Partner @ Dragonfruit Ventures | Building brands for founders & companies | TEDx Speaker
2mosource: https://calgary.tech/2024/12/10/alberta-enterprise-corporation-launches-15m-accelerate-fund-iv/