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This week marked the start of NYU’s Summer Launchpad – a 10-week accelerator that, for 10 lucky teams, will provide coaching, mentorship, and a $7,500 stipend to help propel the next generation of successful entrepreneurs.

“It’s been documented that 75% of startups ultimately fail and that’s even when founders have 100% of their time committed to working on it,” explained Frank Rimalovski, executive director of the NYU Entrepreneurial Institute and driving force behind the program.

To read the full, original article click on this link: NYU Launches Accelerator For Recent Grads - Forbes