Accelerators and Big enterprises

Accelerators are similar to programs or courses that focus on providing seed capital, education
and training, and resources to startups in exchange for a fraction of the startup's equity. Paul
Graham founded the first accelerator, Y combinator, in 2005. As a result, the notion of startup
accelerators is relatively recent. Accelerators have grown in popularity over time. Y combinator
have completely redefined this sector. Y Combinator's companies alone are worth more than
$300 billion.

When it comes to accelerators, they may appear to be similar to angel investors and incubators.
However, there are key characteristics that distinguish accelerators from incubators and startups.

 Accelerator programs generally last 3 to 12 months. It is up to 5 years for incubators, and

it will continue on for angel investors.
 Unlike angels and incubators, accelerators provide rigorous training.
 The selection of accelerators is cyclical.
 The investments for the startups

As the number of accelerators grows, one intriguing question arises. What can major
corporations learn from accelerators such as Y Combinator?

The possibilities are endless. It is a universal law in the corporate world that those players who
are unwilling to innovate themselves will have no future. In the long term, they will fall prey for
new innovations and advancements. With increasing technology developments, all businesses are
attempting to reinvent themselves. Can major corporations, however, keep up with startups?
NO!!! It is difficult for large corporations to reinvent themselves at the rate of startups. So
naturally these firms will turn to invest in startups. The trick is to find the proper venture for the
company. This is not a simple process with so many startups to select from. This can be solved
more efficiently with accelerators. An accelerator is made up of a network of innovators and
entrepreneurs. As a result, they can communicate with these businesses more readily. These
accelerators can choose the finest startups to suit the organization's requirements. Nowadays
corporates themselves are becoming accelerators. The Bridge by Coca-Cola, Microsoft ventures
are some examples for it.
All of these are signals of transformation. Many of these companies are looking for new
prospects and diversification. These companies attempt to concretize their position as market
leaders for the future using accelerators. Even now some companies consider themselves to be at
the top and need not worry. This is the time of disruption and there is nothing that will last
forever.