Running a startup can be a lonely affair. In the last decade, thousands of incubators and accelerators have sprung up globally to provide a place where startups can co-locate, network with peers and mentors, and possibly receive investment. Learn the difference between incubators and accelerators. Understand how your start up might benefit from one, and explore the benefits and pitfalls of leaving your home country to join an incubator or accelerator in another country.
Yao Huang is founder of The Hatchery, an organization instrumental in developing the New York technology ecosystem. She leads the enterprise incubator in innovating products with corporate partners – from ideation, development, sales, funding to exit. She is an advisor and deal maker for the governments of ten countries throughout North America, Europe, and Asia, helping foreign technology companies expand to the U.S. market. Yao has recently set up a branch of The Hatchery here in the Czech Republic.
Lesa Mitchell is a Managing Director of TechStars, an accelerator providing founders a lifetime of resources and a global network to support the scale of their companies. Lesa’s career has included roles as a corporate executive, entrepreneur and consultant to multi-national corporations expanding their innovation footprints. For ten years, Lesa was VP of Innovation & Networks at the Kauffman Foundation, where she designed, implemented and scaled models focused on initiating new markets and recovering markets in support of economic growth.