Strategy22 January 2026·5 min read

Venture development is not acceleration.

A clarification of how we think about venture development — and how it differs from the model of an accelerator.

By IC Investments Research

Venture development and acceleration are routinely conflated, but they describe substantively different operating models. The distinction matters, because it determines what founders should expect — and what investors should fund.

Acceleration is a model optimised for portfolio breadth: short cycles, many ventures, a curriculum that compresses generic best practices. Venture development is the opposite: deeper engagements, fewer ventures, and a working model that is closer to operating partner than to mentor.

We operate on the venture development model because it is what our team is structurally equipped to deliver. A large network of specialists in engineering, product and operations is poorly suited to running cohorts; it is well suited to closing specific gaps inside specific ventures.