Basically, there are two main methods for Startup Accelerators to make money. The first one being obtaining equity in a startup in exchange for funding or services provided. The second method is to provide services in exchange for cash.
source https://www.nexea.co/5-ways-accelerators-make-money/
source https://nexeaaccelerator.blogspot.com/2020/01/5-ways-accelerators-make-money.html
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