Accelerators have been booming since the beginning of Y Combinator in 2005. Yet, Harvard applicants have higher odds of acceptance than applicants to TechStars, Y Combinator, or Fledge. So what is to become of this trend? Will the industry reach saturation? Will accelerators accept any applicant who applies? What does the future hold for accelerators?
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Thinking about attending an accelerator but don’t know what to expect? We’ve contacted accelerators across North America to find out what entrepreneurs really need to know before they attend an accelerator.
People below the poverty line are forced to work under huge piles of garbage to manually segregate the recyclables and non-recyclables just to earn a Euro a day. We-Convert realized the root cause of the problem is with the mindset of the citizens. No other company/organization seemed to solve this big issue. We took the challenge.
In Africa, smallholder farmers lose over a million farm animals worth over four billions of dollars to endemic livestock diseases that could be prevented with vaccines. Cowtribe has developed a platform that allows farmers to subscribe to livestock vaccines and get it delivered to them by qualified veterinarians.
Livestock Bank aims to share animals with farmers and to provide everything they need to raise livestock in quality and quantity.
East Africa Fruits Farm & Company’s purpose is to eliminate post-harvest food waste by providing timely collection, storage, and transport of fresh produce through cold chain logistics. They create value for both customers and small farmers, ensuring they both benefit using an eco-friendly cycle.
We saw the challenges that smallholder livestock farmers face to access veterinary services and proposed a solution of establishing a company to fill the gap.
Cropital’s mission is to provide smallholder farmers with access to sustainable financing. Most farmers are dependent on credit for their capital in farming; however, the majority of them still cannot access formal credit. They are often forced to take loans with rates that can go as high as 20% per month.
Mi Huerto Web SpA designed a systemic solution to solving the problem of exclusion of local, small producers from the formal market economy and by building a true local economy. Productive and consumptive communities who communicate with the end to match supply and demand perfectly should characterize this economy.
Distributed Energy Management helps clients leverage their critical utility resources for competitive advantage. 30% of all energy consumed in the United States is wasted. It can be as high as $50 billion dollars economic value which is not used productively.