With a glut of consumer startups struggling to raise funding, startups that serve businesses are becoming fashionable in Silicon Valley again because they have a proven way to make money.
Now new incubators are emerging to help those startups, on the theory that startups with business customers need help that less specialized incubators can’t provide.
The latest one, Plug and Play Tech Center in Sunnyvale, Calif., is planning a new business-to-business accelerator for this spring.
The accelerator will be led by Plug and Play President Canice Wu, a former entrepreneur and executive at Siebel (now part of Oracle), and expects to invest between $25,000 and $100,000 in each of about 20 B2B startups per year. Startups with products are preferred.
To read the full, original article click on this link: New Business Incubators Spring Up - Venture Capital Dispatch - WSJ
