Economic Development Through Business Acceleration Practices Within Local Authorities: A Case Study of Bradford Council, UK

Ravinder Panesar () and Niki Kyriakidou ()
Additional contact information
Ravinder Panesar: Bradford Council
Niki Kyriakidou: Leeds Beckett University

Chapter Chapter 9 in Non-Profit Organisations, Volume I, 2024, pp 193-215 from Palgrave Macmillan

Abstract: Abstract This chapter reviews the effectiveness of accelerator programmes and their impact on entrepreneurial success. Accelerators are programmes that support start-up businesses with mentorship and educational components culminating in a graduation event. Funded by local authorities in the UK, their effectiveness in supporting and championing entrepreneurship and growth has been questioned. A case study of Bradford Council used a stakeholder analysis (by taking a sample of key stakeholders, delivery partners, and participants) to determine the success of these programmes. Target data included the need to create more jobs to measure these programmes’ success. However, accelerators still need to achieve this goal, given that funding and survival are the main drivers for entrepreneurs. The study highlighted the importance of defining the accelerator's clear vision and purpose and engaging and collaborating with key stakeholders. This study provides insights into how aligning programmes and accelerating business practices can aid entrepreneurial success. It can serve as a valuable resource for startups, programme managers, and local authorities that want to implement accelerator programmes to support economic development.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pscchp:978-3-031-62399-8_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031623998

DOI: 10.1007/978-3-031-62399-8_9

Access Statistics for this chapter

More chapters in Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().