SBDC Questions and Answers
How is TFG different from an accelerator?
Answered 2 years ago
Although there are differing models of accelerators, the norm is for the accelerator to invest money in their accepted clients in return for equity, provide physical office space for the period clients are in the accelerator, provide a programmatic element (Steven Blank’s Lean Startup is popular), provide access to mentors and advisors, and have a limited time period of 3-6 months.
TFG does not invest money, does not take equity, does not take cash, does not provide space, does not provide a programmatic element, and does not limit the time period of access to its advisors.