What is the name of a structured program that provides capital, mentorship, and resources in exchange for equity?

An accelerator is a structured program designed to support early-stage startups by providing them with capital, mentorship, and various resources in exchange for equity in the company. These programs typically last for a fixed duration and culminate in a demo day where startups can pitch to investors.

The primary objective of an accelerator is to accelerate the growth of these startups, helping them refine their business models, scale quickly, and increase their chances of securing additional funding. Accelerators often bring together entrepreneurs, mentors, and industry experts, creating an environment that fosters innovation and collaboration.

On the other hand, an incubator also supports startups but typically focuses on nurturing and developing their ideas over a longer time frame without the immediate pressure of investor expectations. Open innovation and innovation pipelines refer to different concepts related to collaboration and development of ideas rather than structured programs specifically providing funding and mentorship in exchange for equity.