Startup accelerators need to change

There are plenty of great accelerators that have track records in supporting entrepreneurs, but not every programme is open about its motives, and it’s an unfortunate fact of life that there are organisations that deliberately mislead founders. It’s important for accelerator programmes to be open and transparent with startups — before, during and after the programme, because a bad accelerator can not only damage a team’s prospects, they can kill them outright. Today, Ignite is launching an Accelerator Manifesto. It’s a list of basic, actionable statements that all programmes should meet with ease if they’re willing to be transparent with startups. This…

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