Exploring a Corporate Entrepreneurship Process Through an Accelerator Program and Key Success Factors : A Case Studies From Bangladesh

This paper aims to determine the significance of a corporate accelerator program in Bangladesh and its success in developing an entrepreneurship process. The corporate accelerators provide initial supports to the start-up through ensuring some facilities such as initial funding, space, office equipment, monitoring, and networking. In order to gain economic growth and establish sustainability in a growing market it is important to focus on continuous expansion of changing market demand. Through the interviews of managers primary data has been collected and a study with qualitative approach conducted which is exploratory and concentrate on three research-based questions ‘what’ ‘why’ and ‘how’. During the start-up period corporate accelerators extend their cooperative hand towards entrepreneurs to enhance their business in the initial stage. On the other hand, youth innovative ideas carry valuable insight for corporate accelerators as they can overcome threats of a changing market and create opportunities for growth. The three cases, Grameenphone accelerator (GPA), Banglalink IT Incubator and Robi r-ventures are highly renowned telecommunication organizations in Bangladesh. According to our discussion the objective of operating the business are mainly of facilitating both management and start-up. We analyzed key success factor that ensures the support from managers, work experience from both internally and externally. We recommend holding equity share and focusing on the alumni association to hold control over start-ups which will allow the accelerator to follow up activities, reason of success or failure