Tech accelerators grab for equity
Entrepreneurs embrace the havens for startups, but is the cost too high?
- JUDITH MESSINA for Crain’s New York Business March 9th, 2014
- Source: http://www.crainsnewyork.com/article/20140309/TECHNOLOGY/140309903/tech-accelerators-grab-for-equity
The two years Riggs Kubiak spent at NYU-Polytechnic's clean-tech incubator, the Accelerator for a Clean and Renewable Economy, helped him develop a formal business plan and get comfortable talking to investors. So comfortable, in fact, that he raised $5 million in venture capital the following summer, in 2012.