According to research and analysis done by Deloitte LLP, in the past three years, corporations have launched more than 105 accelerators globally, with 47 of those in 2015. Corporate accelerators are similar to traditional accelerators in that they invest in early-stage startups, give them access to funds, office space, and expertise and help them grow. Yet while traditional accelerators generally have the goal of seeing a return on their equity investments, corporate accelerators tend to be more focused on gaining access to new concepts and technologies for competitive advantage.
Corporations launching accelerator programs usually either run in-house programs or outsource administration to partners like in the case of Nest. In the partnership model, the partner markets the program, reviews and selects startups, provides mentors and manages the