
Since the first accelerators, which put small groups of entrepreneurs through intensive training, appeared in the mid-2000s, entrepreneurs and investors in dozens of cities have adopted the model. They're typically geared toward Internet startups that can build products fast and cheap. David Cohen, co-founder of TechStars accelerators in Boulder, Colo., and three other cities, estimates that there are now 110 programs globally that use similar methods, most less than two years old. Bloomberg Businessweek has found some 50 accelerators altogether seeking more than 500 startups for their programs this year.
To read the full, original article click on this link: Startup Boot Camps Seek Army of Entrepreneurs - BusinessWeek
Author: John Tozzi