Startup accelerator: Difference between revisions

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Seed accelerators do not necessarily need to include physical space, but many do. The process that startups go through in the accelerator can be separated into five distinct phases: awareness, application, program, demo day, and post demo day.<ref name="accelerating-studies">{{Cite book |last=Lisa Barrehag |url=http://acceleratorstudy.com/ |title=Accelerating Success: A Study of Seed Accelerators and Their Defining Characteristics |last2=Alexander Fornell |last3=Gustav Larsson |last4=Viktor Mårdström |last5=Victor Westergård |last6=Samuel Wrackefeldt |date=May 2012 |publisher=[[Chalmers University of Technology]] |___location=Gothenburg, Sweden |access-date=September 14, 2012}}</ref>
 
Accelerators provide enough funding to get a company to demo day, from which point the startup is on its own.<ref>{{Cite web |last=Kronenberger |first=Craig |date=March 29, 2021 |title=What Startup Model is Right for You? |url=https://medium.com/startup-studio-insider/startup-studios-vs-accelerators-82b8545aba0a |access-date=May 7, 2021 |website=Medium |language=en}}</ref> Moreover, this is where accelerators distinguish themselves from incubators and venture builders. They focus with high engagement on the early stage of the startup.<ref>{{Cite web |last=Schoofs|first=Daan |date=August 29, 2023 |title=Venture Building |url=https://duodeka.com/venture-building-blog/venture-builders/ |access-date=August 29, 2023 |website=Duodeka.com|language=en}}</ref>
 
==History==