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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Internally, we’ve begun using the term “founder-market-geography fit” to describe this idea. Let’s get into it.

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AWS launches new $30M accelerator program aimed at minority founders

TechCrunch

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.

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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. There is an unprecedented amount of information or knowledge that is now freely available to guide founders (e.g., the free YC Startup School courses). Finally, the talent pool for tech startups has broadened immensely.

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Korea’s top accelerator program K-Startup Grand Challenge 2023 accepting applications from global startups  

AsiaTechDaily

Register Asia is a significant market for startups due to its large and diverse population, as well as its rapidly growing economies. South Korea’s largest accelerator program– the K-Startup Grand Challenge (KSGC) is the unique opportunity for global startups to enter the flourishing market of Asia.

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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned.

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Microsoft partners with VCs, accelerators to back 10,000 startups in Africa

TechCrunch

Microsoft has today announced plans to support 10,000 startups in Africa over the next five years through a series of initiatives including partnerships with accelerators and incubators across the continent. The Founders Hub also includes opportunities to co-sell to Microsoft’s corporate and enterprise customers.

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Paris-based accelerator The Family sues co-founder Oussama Ammar

TechCrunch

The Family co-founder and CEO Alice Zagury announced in a blog post that the French startup accelerator is suing Oussama Ammar for multiple claims — breach of trust, forgery and use of forgery. The Family was originally founded in 2012 with three co-founders — Alice Zagury, Oussama Ammar and Nicolas Colin.