* Date : 2016-12-23
The start-up trend is gathering speed across the world. However, original ideas and technology are often not enough to negate the obstacles faced by inexperienced and under-funded start-ups, which struggle to secure investments or markets. According to Statistics Korea, only 60% of start-ups survive beyond their first year.
As a result, accelerators that provide real experience and know-how are gaining attention. Accelerators provide expert mentoring to start-ups, and often invest in them directly to foster their growth.
We took a closer look at the start-up coordinators known as accelerators, led by first-generation venture entrepreneurs.