Startup accelerators offer startups support through the crucial early stages providing insight, experience and connections from seasoned entrepreneurs. Startups apply and are selected in cohorts or classes and the application process is extremely competitive. For startups, accelerators offer a small amount of equity investment in addition to coaching and training on everything from the startup’s business plan to the difficulties of running a business (accountancy, staffing etc). Networking and introductions to investors and industry contacts are also a large part of the program. Accelerator program graduates are attractive for investors because they have already been carefully vetted and have received training increasing their likelihood of success.
The number and variety of startup accelerators has grown tremendously over the passed few years. While the majority still focus on tech startups. Others in the areas of healthcare and cleantech are also appearing. Please find the list below of over 140 (and counting!) startup accelerators programs.
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