Factors Affecting the Success of the Biotechnology Accelerators in Iran

Accelerators are a relatively new type of institutions which support entrepreneurial ecosystem across the world that rapidly grows and they offer the necessary services to startups in the early stages of their development. The emergence of this phenomenon has opened up a new path in front of the entrepreneurs and in a short period of time, the startups have developed very quickly. Identifying success factors of accelerators can minimize failure of the startups. The determinants of success in the field of biotechnology accelerators, has shaped the main question of this research. After reviewing literature, interviewing with managers and experts in the field of biotechnology, twenty factors have been identified. After designing the questionnaire and distributing it among selected statistical sample, by using Binomial test, the important success factors have been identified. Some factors such as strategic intent of accelerator for development and teams’ support, teams’ investigaton criteria of ideas and capabilities, presented services to the teams, training programs, accessibility to market, customer and investor networks through and after the accelerating program.