Ask HN: Thoughts on No Equity “Accelerator”?

I saw a new Google branded “startup accelerator” without equity or funding involved. https://blog.google/outreach-initiatives/entrepreneurs/a-new-accelerator-for-circular-economy-startups-and-nonprofits/

My partner is in the fashion business so a “circular economy” themed accelerator seems relevant but I’m a little skeptical when there are no financial commitment involved.