The inaugural MaGIC Accelerator Program, which drew Asean-focused startups and social enterprises from 12 countries, stressed three factors: mentors and curriculum, tracking milestones and — at Demo Day — introduction of potential investors.
HAVING personally completed two accelerators myself when working on my startups in the US, I’ve learned that while Demo Day is certainly the highlight of the programme, it’s the six months post-Demo Day that makes or breaks most startups — whether or not you manage to raise funds, run out of money or find a way to generate revenue.