Harnessing the power of ecosystem builder accelerators: strategic insights for startups

This study investigates how startups can strategically leverage Ecosystem Builder (EB) accelerators to enhance their subsequent performance. The analysis relies on a dataset comprising 805 ventures accelerated within different regional hubs of a unique European innovation ecosystem spanning France, Italy, and Luxembourg. Our findings indicate that startups entering an acceleration hub with more affiliated corporate partners are associated with a higher likelihood of survival. Furthermore, startups combining participation in an EB accelerator with other accelerator programs demonstrate increased chances of receiving external equity investments from Venture Capitalists. This research sheds light on the underexplored area of startup support initiatives and provides valuable insights for startup success.