THE ROLE OF STARTUP ACCELERATORS IN THE ECONOMY WITH THE EXAMPLE OF Y COMBINATOR

Abstract

Startups have their special place and role in the economy and accelerate their development by embracing various branches of economic activity. In this regard, the elements of the startup ecosystem are of great importance in the development and establishment of startups, which, interacting with each other, create an appropriate environment for their growth and establishment. One of those elements is the startup accelerator. Worldwide, startup accelerators are very popular among young entrepreneurs, as they provide startups with a great opportunity to grow fast. The article presents the importance of accelerators in startup ecosystems, studying their impact on the economy using the example of the Y Combinator startup accelerator. The work examined the organizations in which Y Combinator invested. It also analyzed the impact of investments on the economy. As a result of the work, the necessity and effectiveness of accelerators as an important component of economic development were substantiated. In the research, we suggested developing an acceleration program in those sectors where we have the possibility to go to scale with minimal resources. To solve this problem, we need to cooperate with the leading startup accelerators in the field to avoid a number of mistakes and get access to great resources.