You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe



Incubator grads take work, hopes into real world

Graduation season for New England college students doesn’t roll around until May. But for New England entrepreneurs, it seems to arrive in November. This month, a trio of so-called accelerator programs — designed to help entrepreneurs transform concepts into companies — held their equivalent of diploma ceremonies, typically dubbed “Demo Days.” That’s when graduating entrepreneurs get the chance to deliver a quick pitch for their ideas to an audience of prospective investors.

The three programs are pretty similar, offering entrepreneurs a place to work for about three months and connecting them with experienced mentors. They supply a small amount of seed money — anywhere from $12,000 to $50,000 — in exchange for a single-digit percentage of ownership in each company. And since they only accept about a dozen companies in each class, they can be tougher to get into than an Ivy League university.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week