While the first-ever business accelerator is commonly agreed to have been established in the United States towards the latter half of the 1950s, it still took the next two decades for the concept to become properly embraced. Indeed, it was only in the ’90s that incubators emerged, meaning that between the two models, emerging startups would be able to find support at different stages of their journies.
Across the pond, however, the UK’s first incubators and accelerators started to crop up in the ’80s, many of which were somehow associated with British universities and academics who had links to funding geared at research and development.
UK-Based Accelerators and Incubators
Today, the environment for accelerators and incubators in the UK is considered to be robust, both in the public and private sectors, with a focus on fintech, tech and AI-driven startups.
Of course, the presence of accelerators and incubators in the country – with a specific concentration in London – makes the UK attractive to new startups and other innovative companies.
These days, the…
