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How innovation accelerators help startups succeed even with 90% failure rate?
- The global digital economy presents opportunities for startups, but upto 90% face high failure rates.
- Startups can join innovation accelerators that offer mentorship, resources, and partnerships in exchange for equity.
- Major companies like Microsoft, ICL Group, and Google offer specialised accelerator programs to support and invest in promising startups.
- These accelerators not only provide valuable resources but also shape the corporate culture and future of the startups they assist.