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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. There were a lot of requests for us to turn our mentorship program into a physical accelerator with a fund, office space and full-time staff. We decided on the latter.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. On top of the accelerator, the firm also launched a six-month fellowship program to foster climate tech entrepreneurship.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. I have been researching this both to support Versatile VC ’s portfolio companies and also as part of research for my new book, To University and Beyond: Launch Your Career in High Gear. Right here.

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Extra Crunch roundup: Build a founding team, choose a VC and recruit your board

TechCrunch

In their discussion, van Gasteren addressed misconceptions about growth hacking, the mistakes most startups are likely to make, and the distinctions he draws between growth hacking and growth marketing: “Growth hacking is great to kickstart growth, test new opportunities and see what tactics work,” he tells us. Enterprise AI 2.0:

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7 Creative Financing Options for New Businesses and Startups

StartupNation

You’ll be up against other brilliant ideas, but it’s an excellent opportunity to win financing. Accelerators. Startup accelerators provide seed money, counseling, networking and other services to launch your business. Angel investing and venture capital (VC). However, VC funding isn’t free money.

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Betaworks’ new ‘camp’ aims to fund transformative early-stage AI startups

TechCrunch

In a sign that the seed-stage AI segment is still alive and kicking, Betaworks, the startup studio and VC firm, is launching a new program that’ll award around ten companies working on AI $500,000 in funding. The program isn’t quite an accelerator; Betaworks describes it like a “camp.”

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