Keiretsu Forum, a global angel investment network, has added an accelerator that will work with digital health companies among other sectors. It is part of a wider trend of accelerator growth around the country as investors see the opportunity to shape companies’ development, specifically their investments.
Accelerators are widely perceived as job growers for cities to stimulate their entrepreneur communities in the tradition of Boston and Silicon Valley. The business accelerator is intended to “radically accelerate the path to market and liquidity of participating companies,” according to a statement from the network.
Randy Williams, the founder and CEO of the angel investment network, said in the statement that its investors would be actively involved in helping entrepreneurs in the accelerator advance their businesses. The program lasts four to six months, according to Keiretsu’s website. During that time, entrepreneurs revew their short and long term plans with “a full and comprehensive management team.”
Applications will be available on its website December 15. At that point it will shed some more light on its program with a list of biographies of the specialists in the accelerator programs. It will also offer some basics of the program.
Although a report released by TechCocktail earlier this month presented accelerators as significantly increasing the number of startup ecosystem in various cities around the country such as St Louis and Pittsburgh. California HealthCare Foundation estimated that there are as many as 115 healthcare startup accelerators globally.
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