- June 18, 2021
- Posted by: Stratford Team
- Category: Business
(Photo by iStock/Lyndon Stratford)
Around the world, policymakers have been increasingly turning to entrepreneurship as an important contributor to local economic development and job creation. At the same time, the short-term, intensive training programs that help such entrepreneurial ventures scale quickly— business accelerators—have become popular not just in Silicon Valley, but also across developing economies.
With the growing interest in accelerators came questions about their efficacy, especially in more nascent entrepreneurship ecosystems. To help answer them, the Global Accelerator Learning Initiative (GALI)—a collaboration between the Aspen Network of Development Entrepreneurs (ANDE), where we work, and Emory University—tracked more than 23,000 ventures going through accelerator programs around the world over five years. With GALI’s data joining other emerging research, donors, governments, and social sector organizations are in a…
