Factors influencing performance within startup assistance organizations

Abstract

Startup assistance organizations, and especially business accelerators have gained a lot of traction in the last years, captioning not only the attention of the public, but most importantly that of investors and other stakeholders. It has become a challenge for many all around the world to develop such programs, but many have failed or did not have their expected results, meaning medium to long-term sustainable and profitable alumni start-ups. As high amounts of resources, both human and financial, are being invested in the design and development of such programs, it is important to understand what sets apart the successful business acceleration programs from the ones that fail. The current paper is reviewing the up-to-date theoretical literature and studies on the matter at hand, in order to identify the most relevant factors influencing startup assistance organizations’ performance. The objective behind identifying these factors is to get a better understanding of best practices of such successful programs and set the basis for future research regarding the development of a set of metrics for more accurately measuring their performance.