Describes a initiative that comprises several stages that support or “accelerate” startup companies over several months in their early business development. Similar to regulatory sandboxes, selected startup companies receive benefits from an organization known as accelerator or incubator. Among the examples are the provision of premises (co-working spaces), technical equipment, or access to networks and coaching seminars. In return, accelerators receive future profit sharing, pre-emption rights or minority shares from the startup companies they have supported.
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