Startup accelerator: Difference between revisions

Revision as of 11:47, 8 August 2022

Revision as of 22:33, 15 September 2022

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{{Short description|Company that invests in and supports startups}}

'''Startup accelerators''', also known as '''seed accelerators''', are fixed-term, [[Cohort (educational group)|cohort-based]] programs, that include [[mentorship]] and educational components and culminate in a public [[sales pitch|pitch]] event or [[demo day]].<ref>{{cite journal|last=Cohen|first=Susan|title=What Do Accelerators Do? Insights from Incubators and Angels|journal=Innovations|year=2013|volume=8|issue=3–4|pages=19–25|doi=10.1162/inov_a_00184|doi-access=free}}</ref> While traditional [[business incubator]]s are often government-funded, generally take no equity, and rarely provide [[funding]], accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike [[business incubators]], the application process for seed accelerators is open to anyone but highly competitive.<ref name="accelerating-studies" /> There are specific accelerators, such as '''[[corporate accelerator]]s''', which are often subsidiaries or programs of larger corporations that act like seed accelerators.<ref>{{cite web |url=http://techcrunch.com/2014/08/25/corporate-accelerators-are-an-oxymoron/ |title=Corporate Accelerators Are An Oxymoron |last=Crichton |first=Danny |date=2014-08-25 |access-date=2015-06-17 }}</ref>