Accelerators are headed for a shakeout

Incubators and accelerators are churning out thousands of startups a year.

There has been a glut of tech incubators and accelerators and  for over a year now we have been warned about them. With at least 100 such programs churning out thousands of startups a year and the expectation that 90 percent of them won’t return their money, the seeming launch of a new accelerator program each week is a valid concern.



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Blueseed a high-tech visa-free entrepreneurship and technology incubator on an ocean vessel


Concept vessel for Blueseed.

It can be hard to get a visa to live and work in the United States.  It’s can even be hard for highly skilled immigrants and entrepreneurs looking to start businesses. Here is a startup with a plan and a very important backer that could change everything.

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Introducing the ‘Dormcubator’ for Whiz Kids

University of Waterloo, Canada

The University of Waterloo is giving over one of its residence halls to Velocity, a new incubator where students can collaborate on Web, mobile, and digital media applications with their fellow budding tech entrepreneurs and perhaps help breathe some life back into the incubator model.

Velocity will be housed in the 72-bed Minota Hagey dormitory on campus and will house 70 upper-level students per term who will work together on creating viable products and brushing up on their business skills, according to project leader, Sean Van Koughnett, who manages the university’s Media & Mobility Network Project.

Continue reading… “Introducing the ‘Dormcubator’ for Whiz Kids”