All business accelerators and venture capital funds are searching for promising businesses. What are the signs of future success and why it is not always appropriate to set unicorn companies as targets for accelerator developers? We have discussed these issues at the international innovation conference "Baltic Dynamics 2019: Building Unicorn-Friendly Communities" by D. Sosunov, the partner of Startup Wise Guys accelerator.
Investors tend to focus on the teams standing behind businesses standing people. Business Acceleration Programs are set up for strong teams able to plan ahead and achieve their goals. The developers of Startup Wise Guys accelerator concentrate on "business-to-business" product-generating teams and help business founders that are brilliant in technological skills to become entrepreneurs.
Kaunas Science and Technology Park joined the Project ‘Fast Forward Europe (FFWD EUROPE)’, which is a part of the ‘Interreg Europe’ programme. Together with the Project partners from France, Germany, Spain and other countries, Lithuanians will adopt the experience of European investors, entrepreneurs and business development policy advisers. The Project partners provide that the international cooperation will help innovative businesses to increase their visibility at contact fairs, find business partners and try new markets.
The Project ‘Fast Forward Europe (FFWD EUROPE)’, No. PGI02042, is implemented through the European Regional Development Fund and the Interreg Europe Programme 2014-2020. This publication only reflects the view of the author, and the management of the programme ‘Interreg Europe’ cannot be held liable for any use which may be made of the information contained therein.