The Global Accelerator Learning Initiative released a publication detailing the various ways accelerators can think about value for money of their programs, explores one practical approach to calculating value for money and summarizes similar evaluations conducted for other types of entrepreneur support programs.
Various accelerator program types and what they aim to achieve are also analyzed in the report. Type of programs and goals reviewed include:
Accelerator Type: Business development oriented
Goal: Venture growth and job creation
Accelerator Type: Impact-oriented
Goal: Positive social or environmental impact
Accelerator Type: Entrepreneur-oriented
Goal: Personal development of entrepreneurs
Accelerator Type: Ecosystem-oriented
Goal: Entrepreneurial ecosystem and regional economic development