What’s worse, almost every bank got into the game, replicating each other in the way only non-innovative institutions can. Whether the offering was a lab, a hub, an accelerator or an incubator, the formula seemed identical. Start-ups would be invited to work in shared office spaces or, very occasionally, in dedicated souped-up zones within banks themselves, all paid for by the banks. The sponsor’s own innovation specialists would then mentor the start-ups, with the goal of investing or buying up the good ones. The quid pro quo was clear: the start-ups received office space; the banks got the ideas.

https://www.ft.com/content/f000e046-e427-11e9-9743-db5a370481bc