Review on Lanzadera Accelerator by Olugbenga Ajayi
Lanzadera accelerator offers the best accelerator services
Lanzadera Accelerator was founded by Juan Roig in Valencia, Spain in 2013. The accelerator programme was established as a way to give back to the community at a time when unemployment rate in Spain was very high. This programme was designed to provide 9- month long mentorship for individual and organizational startups.
Among the advantages offered to these startups are proven business model, low interest rate loan that require zero equity to access and many more.
Considering the fact that many young ones in the world are very poor and unemployed and as a result have embraced vices like banditry, kidnapping and others, it is obvious that accelerator programme like this cam really help in a large way.
Pros
- It gives startups best opportunity to grow by sharing its business model with them. This is really a huge step that is uncommon with some accelerators. While most accelerator will hide their business model and expect each startup to develop his own business model. Lazandera understands that mist business model are more theoretical than pratcical in a real business world hence the company displayed high level of philanthropy and generosity by making its proven business model available for startup
- No equity is required. Whereas some accelerator require some percentage of the required loan may be to give evidence of commitment, Lanzadera accelerator provides needed loan with zero equity. This can really help to brifge the gap between the poor and the rich.
- Loan terms are flexible and interest rate is fair
- Unemployment rate will be reduced
Cons
- To stand an opportunity to access this mentorship services from lanzadera, individuals with entrepreneural skills may have to form a formidable team with like minds in other to come up with impeccable business plan
