Take a closer look at Asia’s accelerators (INFOGRAPHIC)

Startup accelerators are everywhere. Started in the US by Y-Combinator a decade ago, they’ve grown almost exponentially and are now a fixture in the tech world.

With little or no resources, founders turn to these accelerators for mentorship, office space, connections, and funding, hoping to transform their idea into the next multimillion-dollar company.

In Asia, accelerators come in all forms – we have international and regional accelerators, but each country also has its own that are attuned to the nuances of the local market.

Most accelerators in the region offer a small amount of funding in exchange for shares in the startup. There are some who take the zero-equity approach.

Accelerators funded by private capital – whether from individual investors or investment firms – are the norm. These accelerators generate returns when they exit the startups they back. Other accelerators are financed by governments; some just partially – they’re known as semi-public accelerators. There are also accelerators set up by corporations, which support innovative ideas with the end goal of increasing their operational efficiency or selling to their customer base.

Find out more about Asia’s startup accelerator sector with Tech in Asia’s handy infographic:

Infographic created by Andre Gunawan.