In-house versus outsourced accelerator?

Let’s look at in-house first:

The advantages include the following:

– The company maintains direct control over the project

– You would be able to link ED beneficiaries to your company easier in future

– Closer working relationship with beneficiaries

Disadvantages:

– Higher cost due to the involvement of own staff

– Recruitment and selection take up considerably more time

– Distraction from day-to-day operations

Using an accelerator:

The advantages include the following:

– Hands-off approach allows for more accountability from the implementation partner

– Specification of project and beneficiaries can be enforced

– People and resource investment is minimal

 – Specialist Incubator skills and expertise because of a focused approach of the partner

Disadvantages:

– No direct relationship with beneficiaries, requiring a trust relationship that must be monitored

– potential for a mismatch between company and beneficiary

– Company less involved than in the in-house approach

At Guqula Business Development we are able to assist and some way or form with both in-house or outsourced implementation.