Story excerpt provided by Soapbox Cincinnati.
Written by Andrew Welsh.
To accelerate or to incubate—that’s a question many aspiring startup company founders ask themselves once they have the sprout of an idea. With Entrepreneur Magazine’s endorsement of Cincinnati as an “unexpected” yet up-and-coming startup hub last year, the two terms have picked up currency in the Queen City, but where each fits on the path of a new company’s growth is not always clear.
“The difference between an accelerator and incubator is like a crash course versus a rental property,” says Casey Barach, director of the Northern Kentucky ezone and co-founder of UpTech. The two organizations operate roughly along the startup incubator and accelerator lines, respectively.
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Originally Published Tuesday, March 11, 2014.