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If you are unfamiliar with the concept, a startup accelerator is just a group of experienced entrepreneurs that provide new businesses with funds, advice, connections, and direction. Think of the TV shows Shark Tank or Dragons Den, and you will be in the rough ballpark.
A recent boom in tech-focused startups has fueled the emergence and growth of accelerators; They are now a lifeline to many startups. By working with some of the best startup accelerators available, thousands of companies worldwide have succeeded where they otherwise might have failed.
Dropbox, Coinbase, and Airbnb are all testimony to startup accelerators, helping startups from launch to investor-ready as quickly as possible.
What Is A Startup Accelerator?
Startup accelerators are intense programs that propel early-stage startups through financing, mentorship, and educational programs.
Accelerators usually work with startups for around six months (sometimes much less), helping entrepreneurs establish themselves quickly by mapping out a high-speed strategy.
Typically, the program concludes with demo days – a special occasion where you pitch your idea to investors, financiers, and the media.
This article looks at the best startup accelerators in 2023 to help you decide which will benefit your business the most.
3 Best Accelerators In New York
Forum Ventures
Address
110 5th Ave. 5th Floor. New York, NY 10011, US.
Program Details
Forum for Founders targets SaaS businesses.
The program offers pre-seed funding of $100K, personalized guidance from industry experts, a go-to-market strategy, and attractive perks.
Admission Terms:
- Self-driven and coachable startup founders with an MVP or a near-market-ready solution.
- Companies that have taken funding of below $500k.
Admission Fee:
MetaProp
Address:
10018 214 W 39th St Suite 705, New York, NY 10018, US.
Program Details:
Niche focus: fintech, software, and real estate.
The 22-week program has a full-scale curriculum and includes a capital investment of up to $250,000. Moreover, you can access services worth $200,000.
It features Demo Days, Pilot Days, mentorship from MetaProp’s mentorship pool, access to program partners, and startup accelerator events.
Admission Terms:
Scalable tech startups in real estate.
Admission Fee:
3-6% stake based on your company stage.
Entrepreneurs Roundtable Accelerator
Address
415 Madison Avenue, New York, New York, US.
Program Details:
Entrepreneurs Roundtable Accelerator is designed for early-stage tech startups with a software component.
The four-month program is sector agnostic and accepts pitches from SaaS, Health Tech, E-commerce, Marketing, Logistics, Education, and Real Estate.
Benefits of enlisting with Entrepreneurs Roundtable Accelerator include an investment of $100,000, pitch practice, Demo Day, workshops by industry experts, sector-specific mentorship, perks from partners, and access to investors.
Admission Terms:
Scalable tech startups.
Committed and knowledgeable founders.
Admission Fee:
8% common stock in your business for an investment of $100,000.
3 Best Accelerators In Silicon Valley
Y Combinator
Address:
335 Pioneer Way, Mountain View, California 94041, US.
Program Details:
Y Combinator pioneered acceleration programs in 2005 and has helped 3,500+ startups.
The three-month mentorship program runs twice a year and invests $500K per startup in tech-enabled industries.
Participants present to carefully selected investors on Demo Day. Additionally, participants can access alumni networking opportunities post-Demo Day.
Admission Terms:
Founders must have a minimum shareholding of 10% in the startup to participate.
Admission Fee:
Asking for 7% of equity for a $500K investment.
500 Startup
Address:
814 Mission St, Fl 6, San Francisco, California 94103, US.https://startupgeek.com/most-active-investors-2022/
Program Details:
500 Startup operates across 16 countries.
The 13-week Seed Accelerator Programs are designed for companies in the Internet, E-commerce, and Software niches.
It focuses on digital marketing, business development, fundraising, and technological innovations.
There are two Demo Days per year where founders pitch to potential investors and customers.
Besides, startup founders have access to 1:1 mentorship, partner networks, and events.
Admission Terms:
A scalable technology-based solution with a functional and monetizable prototype.
Admission Fee:
- $37,500 which is recoverable from their investment.
- A 6% stake for a $150,000 investment.
Alchemist Accelerator
Address:
149 New Montgomery St, San Francisco, CA 94105, US.
Program Details:
A six-month program suited for startups with innovations in AI, IT, and Software. It supports enterprise software startups operating in various monetizing models eg SaaS, freemium, or hardware.
Entrepreneurs from across the globe can participate remotely.
Admission Terms:
- Founders must be tech-savvy, and investor-friendly.
- A prototype with high customer traction.
Admission Fees:
An undisclosed tuition fee that’s recoverable from an investment of about $25,000. Flexible terms on equity with most participants offering a 5.0% stake.
3 Best Accelerators In Boston
MassChallenge
Address:
10 Fan Pier Boulevard 3rd floor, Boston, MA 02210, US.
Program Details:
MassChallenge supports early-seed startups and high-impact businesses in the tech world.
The four-month program is best for HealthTech, Fintech, Enterprise Technology, and Sports Tech. It includes a curated curriculum, mentorship forums, and exhibitions to propagate growth, networking, and investor funding.
Admission Terms:
Startups with big-impact ideas from anywhere in the world.
They should have raised $1M or less in equity funding with Annual Recurring Revenues below $2M.
Admission Fee:
- Free entry.
- No equity is required.
TechStars
Address:
2 Ave de Lafayette, Boston, MA 02111, US.
Program Details:
Techstars boasts a successful portfolio of startup investments in tech-centered businesses in software and AI niches.
The three-month accelerator program is mentorship-based. It accommodates 500 startups annually who receive an investment funding of $120,000.
Participants have access to office space, workshops with industry gurus, founder stories, and pitch practice sessions in readiness for Demo Day.
Furthermore, startups can tap into TechStar’s worldwide network of startup founders, mentors, and investors.
Admission Terms:
Founder teams with a high-impact idea that offers solutions.
Admission Fee:
6% equity stake
LearnLaunch
Address:
1 Lincoln St, Boston, MA 02111, US.
Program Details:
Targets the edTech niche with two accelerator programs for early-stage and late-stage startups.
The 12-week program caters to 6-10 startups. It offers a milestone-based investment of up to $150,000 in two phases.
The program incorporates personalized mentorship and support, pitch rehearsals, and exposure to investors.
Post-program support is available.
Admission Terms:
- Startups with a ready product and Annual Recurring Revenues of not less than $100k.
- A co-founder must be available for the program.
Admission Fee:
6% equity for $20K, an additional $50K if you achieve set milestones.
3 Best Accelerators In Austin
Quake Capital Partners
Address:
501 Congress Ave. Ste. 150 Austin TX, US.
Program Details:
The program focuses on AI, Blockchain, AgTech, AdTech, SaaS, Healthcare, and Robotics.
Quake Capital’s three-month program is designed for leadership growth and hands-on training. Beet for pre-seed and seed-stage businesses valued between $1M to $3M.
It offers an Investment of $100k to $150k, investor connections, Demo Days, mentorship from Quake Mentors, perks of over $1M, office space, and lifetime access to the Quake network and resources.
Admission Terms:
The main considerations are traction (50%), founder team (30%), and market scalability (20%).
Admission Fee:
5-10% stake (post-SAFE) for a $150,000 investment.
Bunker Labs
Address:
200 E 6th St. #200 Austin, TX 78734, US.
Program Details:
Focuses on assisting the military including their spouses, families, and veterans to start businesses.
The 12-month program does not include funding. However, it exposes you to investors and networks that accelerate growth.
Admission Terms:
- For the military.
- A senior executive with a controlling stake in a company with significant traction and great potential: revenues of $1M+ and capital of over $5M.
Admission Fee:
No fee. You cover traveling and accommodation expenses.
Capital Factory
Address:
701 Brazos St, Austin, TX 78701, USA.
Program Details:
A three-month sector agnostic program.
The program majors in fundraising and market growth through mentorship and education, investor access, hosting credits, and offering office space for participating startups.
Admission Terms:
Undisclosed.
Admission Fee:
Undisclosed
3 Best Accelerators In Atlanta
ATDC
Address:
Georgia Institute of Technology, 75 5th St NW, Atlanta, GA 30308, USA.
Program Details:
A time-tested curriculum that scales your startup to make it investor-ready. The program helps tech-based businesses from launch to commercial success.
Companies receive mentorship by attending masterclasses by serial entrepreneurs. Besides, they can access Georgia Tech resources, capital, and customers.
Admission Terms:
A technology-enabled business idea.
Admission Fee:
Reasonable fees. Takes no equity stake.
Atlanta Tech Village
Address:
3423 Piedmont Road NE. Atlanta, Georgia 30305, US.
Program Details:
Atlanta Tech Village operates a diversity and inclusion program targeting pre-seed tech businesses by women and people of color.
Participating startups access mentorship from tech experts in workshops.
The four-month program offers membership at Atlanta Tech Village, funding opportunities, a working space, and a curriculum for scaling startups.
Admission Terms:
- A technology-oriented startup led by women or people of color.
- Raise capital below $150k.
Admission Fee:
No fees.
Atlanta Ventures
Address:
3423 Piedmont Rd NE, Atlanta, GA 30305, USA.
Program Details:
A pre-seed and seed program for startups with innovative ideas. Invests between $250k to $5M.
The program supports your business from ideation to success. It offers guidance from seasoned entrepreneurs and a co-working space. You also benefit from membership at the Atlanta Tech Village, and connections to investors.
Access a full suite of resources and templates to scale your startup.
Admission Terms:
A scalable business idea that solves a problem.
Admission Fee:
Undisclosed.
3 Best Accelerators In Los Angeles
Mucker Capital
Address:
202 Bicknell Avenue. Santa Monica, California 90405, USA.
Program Details:
Mucker Capital’s plan offers seed and series A funding for companies outside Silicon Valley.
The one-year program caters to 20-25 startups and targets startups in the tech and internet software niche.
It’s unique in that they do not have demo days. Instead, there’s full-scale business building from product scaling, networking with Mucker mentors and partners, and links to investors.
Admission Terms:
- Entrepreneurs with grit and ideas that are disruptive and scalable.
- Startups can participate remotely.
Admission Fee:
An 8-15% equity stake for an investment of $100k-$175k
Amplify.LA
Address:
1600 Main St. Los Angeles, California 90291, USA.
Program Details:
Amplify.LA focuses on pre-seed startups in healthcare technology where they are often the first investor. They forge close ties with the founders in the process.
They provide complete hands-on mentorship from the first cheque to exit. That includes a go-to-market strategy, investor access, and networking events.
Admission Terms:
Passionate entrepreneurs in health tech.
Admission Fee:
Undisclosed
Cedars-Sinai Accelerators
Address:
8601 Beverly Blvd, West Hollywood, Los Angeles, CA 90048, USA.
Program Details:
Cedar-Sinai’s three-month program is suitable for tech startups in the healthcare industry.
The mentorship-based program offers a $100K investment.
It involves over 300 healthcare executives who run workshops.
Benefits: Demo Day, access to investors in healthcare and Cedars-Sinai, and networking opportunities with healthcare specialists.
Admission Terms:
Strong teams with the ability to execute ideas that have traction in the USA market.
Admission Fee:
Free
3 Best Accelerators In Baltimore
Conscious Venture Lab
Address:
250 W Dickman St, Baltimore, MD 21230, USA.
Program Details:
Conscious Venture Lab runs a four-month sector agnostic program for early stage startups in the city of Baltimore.
The program focuses on community-conscious capitalism, client acquisition, and capital generation. It emphasizes product traction from real customers who validate your product and confirms your startup is investor-ready.
You benefit by accessing investor networks, scaling tools, and proven business models.
Admission Terms:
- Strong visionary teams.
- A product with traction.
Admission Fee:
No fees. 5-10% equity of your company in exchange for a $25K-$50K investment. Offers more funds if you attract capital on Demo Day.
The BCAN Founder Fellowship
Address:
1200 West Mount Royal Avenue, Baltimore, USA.
Program Details:
BCAN gifts Baltimore with an inclusivity accelerator for creatives.
The 8-week program supports businesses in the creative industry by providing access to investors, mentorship, workshops, free professional services, and seed capital of $5K.
Admission Terms:
- A startup in the creative niche.
- A business registered in the state of Maryland.
Admission Fee:
Free.
Emerging Technology Center
Address:
101 N Haven St Suite #301, Baltimore, MD, USA.
Program Details:
ETC runs a 13-week program for technology-focused startups.
The Abell Foundation provides $50K seed funding for each program participant.
Cohorts of 5 startups receive support to help them get to market quickly.
The program has a collaborative community of startups, a co-working space, and access to mentors, potential co-founders, customers, and investors.
Admission Terms:
Tech-focused startups with scalable ideas.
Admission Fee:
Undisclosed.
3 Best Accelerators In Chicago
TechStars Chicago Accelerator
Address:
222 W Merchandise Mart Plaza #1212, Chicago, IL 60654, USA.
Program Details:
The program is among the best startup accelerators in 2022 from Chicago.
Powered by J.P. Morgan, the program promotes equitable distribution of funding resources to startups from all backgrounds.
The three-month program provides mentorship from top tech experts in Chicago. Startups also enjoy access to the Techstars global network.
Besides, there’s investment funding of $120,000, Demo Day, workshops, office space, and perks valued at $1M.
Admission Terms:
- Startups with a committed team
- A high-impact idea showing market traction.
Admission Fee:
A 6% equity stake.
NAR REACH
Address:
430 Michigan Ave #9, Chicago, IL 60611, USA.
Program Details:
REACH is the go-to startup accelerator for real estate startups in Chicago.
Reach accelerator program runs for three months and enables tech-enabled startups in real estate to scale rapidly.
It includes seed funding, office space, event-based training, and 1:1 mentorship from industry experts.
Moreover, there are networking opportunities with 100+ worldwide partnerships, 160+ technology firms, investors, and founders in real estate and related verticals.
Admission Terms:
For startups in real estate.
Admission Fee:
Undisclosed
MHUB
Address:
965 W Chicago Ave, Chicago, IL 60642, USA.
Program Details:
The mHUB acceleration program is for startups dealing in HardTech.
Besides funding opportunities, MHUB helps with the resources for developing and testing your prototype.
The 6-month accelerator program speeds up the process of innovation and commercialization of HardTech solutions.
Benefits include access to a state-of-the-art prototyping lab in Chicago, sector-specialized mentors, and $100K in perks.
Admission Terms:
Highly scalable startups with HardTech ideas in MedTech, EnergyTech, and IoT.
Admission Fee:
A 5-8% equity for a cash investment of $75K.
3 Best Accelerators In Dallas
Tech Wildcatters
Address:
211 N Ervay St., Dallas, TX
Program Details:
One of the best remote startup accelerators in Texas. The program scales Seed to Series A tech-enabled startups.
A broad base of 150+ companies backs the program creating a valuable network for founders to gain mentorship and investor exposure.
Helps startups to find product market fit and pioneer users of their MVP. Further, they support beta product launches and sales generation.
Admission Terms:
- A promising tech-enabled business.
- An MVP at the seed stage.
Admission Fee:
10% equity stake for an investment of $100K.
Health Wildcatters
Address:
1910 Pacific Ave Suite 20000, Dallas, TX 75201, USA
Program Details:
Health Wildcatters offers one of the best accelerator programs in healthcare in Texas.
The 12-week program helps healthcare startups from launch to success. It runs from August to November.
The 8 to 12 selected entrepreneurs receive an investment of $30K for an 8% stake. There’s an opportunity for a follow-up investment of up to $380k.
Besides funding, the program offers mentorship from 200+ professionals and entrepreneurs in the healthcare industry.
Admission Terms:
A startup in the healthcare niche.
Admission Fee:
8% equity for an initial investment of $30K.
Founder Institute Dallas
Address:
The Founder Institute runs the program virtually.
Program Details:
The program supports pre-seed startups to grow into seed-stage investments.
Accelerates tech-focused businesses by connecting them to investors, mentors, and full-suite entrepreneurship training from ideation to scale.
Admission Terms:
- Pre-seed startups
- A viable tech-enabled idea.
Admission Fee:
- A fee of $699-$899 depending on when you register. The fee is refundable if you drop out before the third session.
- A 2.5% pledge of equity to a collective pool.
3 Best Accelerators In Denver
Techstars Boulder Accelerator
Address:
1002 Walnut St, Boulder, CO 80302, USA.
Program Details:
Although the program is sector agnostic, there’s a preference for startups in fintech, Marketplaces, and Supply Chain.
The 13-week program targets pre-seed and seed-stage startups in the Mountain West.
Benefits include investment funding of $120,000, a mentorship-driven curriculum, and networking opportunities.
Participants get access to office space, workshops with industry gurus, Demo Day, investor exposure, credits and perks valued at over $5M.
There’s more: Lifetime access to the TechStars worldwide network of over 10,000 mentors, founders, and investors.
Admission Terms:
- Passionate founders.
- A prototype/MVP with market traction.
Admission Fee:
6% equity share.
Boomtown Accelerators
Address:
2060 Broadway Street, Suite B-1 Boulder, CO 80302, US.
Program Details:
Boomtown presents an unconventional accelerator suitable for disruptive startups in the internet, media, ad-tech, and healthcare technology.
The bespoke 12-week accelerator program taps into external relationships and emerging technologies. They leverage external relationships to develop innovative solutions for early stage startups.
Participants then implement ready-to-use products customized for their company’s strategy.
The program includes funding, working space, and access to business perks valued at over $1.7M.
Admission Terms:
At least two founders.
Admission Fee:
A 6% stake for $35-50k funding and signing of a stock purchase agreement.
Founder Institute Denver
Address:
The Founder Institute runs the program virtually.
Program Details:
Targets pre-seed startups pursuing tech-enabled businesses to help them to move to the seed stage.
Grows you through structured access to mentors, investors, founders, and a curriculum that covers everything from ideation to launch.
Admission Terms:
Have a commercially feasible idea at the pre-seed stage.
Admission Fee:
- A fee of $899. The payment is refundable if you drop out before the third session.
- A 2.5% pledge of equity to a collective pool.
3 Best Accelerators In Phoenix
Flinn Foundation Bioscience Entrepreneurship Program
Address:
1802 N Central Ave, Phoenix, AZ 85004, USA.
Program Details:
Get your early-stage startup in the bioscience field take with this program.
The four-month program prepares healthcare businesses to scale and become investor-ready.
Participants receive a non-dilutive investment of $30k.
Besides, there are networking opportunities with industry-specific investors, mentors, policy leaders, academicians, and industry-specific associates like the Arizona Bioindustry Association.
Admission Terms:
Businesses in biotech, healthcare, and pharma.
Admission Fee:
- No fee.
- Non-dilutive funding of $30K.
BioAccel
Address:
4602 N 16th St Suite 303, Phoenix, AZ 85016, USA.
Program Details:
BioAccel is a top startup accelerator in Phoenix that strives to commercialize Life Science discoveries and technologies.
This program provides funding and entrepreneur education for early stage startups in science-based projects within Arizona.
Catapults your startup by prototype development and linking you with facilities to test your products.
Admission Terms:
- Strong startup teams.
- Concepts that make scientific and commercial sense.
Admission Fee:
Free. The New Venture Development Program sponsors the program.
Coplex
Address:
515 E Grant St, Phoenix. AZ, USA.
Program Details:
A 6-12 month program for startups in the tech industry.
Coplex offers the program in three modules: Design and Validation, Invest and Launch, and Growth.
Coplex helps validate your startup idea for commercial feasibility, raise the capital to scale it and deliver an investor-ready business.
Admission Terms:
High-impact tech startups
Admission Fee:
Undisclosed.
3 Best Accelerators In Raleigh
Bunker Labs
Address:
3708 Adela Ct, Cary, NC 27519. USA
Program Details:
Provides a curriculum and community for military veterans who want to get their business off the ground.
It runs for 12 months and doesn’t provide financing. The program exposes you to investors and potential customers by giving portfolio companies access to their partners.
Admission Terms:
Targets military veterans or their spouses.
Admission Fee:
No fee. You cover your travel and accommodation costs.
LaunchRALEIGH
Address:
Southeast Raleigh, North Carolina.
Program Details:
LaunchRALEIGH is a program of the North Raleigh Rotary Club. It targets entrepreneurs and small business owners with limited access to resources.
The 10-week program helps connect startups to a rich resource base of entrepreneurs, financiers, and mentors in Raleigh.
Through the program, startups access capital and entrepreneurship training.
Admission Terms:
You must live and work in Southeast Raleigh.
Admission Fee:
Undisclosed.
Innovators Program
Address:
310 S Harrington St, Raleigh, NC, 27603. USA
Program Details:
A 12-week program that assists passionate founders to transform their innovative ideas into successful businesses.
Participating startups receive equity-free funding of $10k at the program start.
When you successfully complete the program, there’s a further $10k, equity-free funding, and access to top VCs in Raleigh and Silicon Valley.
Admission Terms:
A team of technical co-founders.
Admission Fee:
Free.
3 Best Accelerators In Seattle
Accelerator Life Science Partners
Address:
2815 Eastlake Avenue East Suite 300 Seattle WA, 98102, US.
Program Details:
This program focuses on early stage startups in Life Sciences and Biotechnology.
It offers world-class laboratories, scientific expertise, product launch support, management help, and investment financing.
Admission Terms:
Early stage startups in biotechnology.
Admission Fee:
Undisclosed.
Founder Institute Seattle
Address:
The Founder Institute runs the program virtually.
Program Details:
A superb program for pre-seed startups that aspire to advance to the seed stage.
Best for all tech-related niches.
As a founder, you get access to Seattle startup experts who provide structure to your business. They help accelerate your company from ideation to launch.
Admission Terms:
Caters to solo founders and co-founders.
Admission Fee:
- $799-$999 in the Seattle region depending on when you join. The fee is fully refundable if you drop out before the third session.
- A 2.5% pledge of equity to a collective pool.
Microsoft ScaleUp
Address:
320 Westlake Avenue North · Seattle, WA 98109, US
Program Details:
The program is suited for Series A startups in tech and tech-enabled niches.
The four-month program provides mentorship from Microsoft sales leaders and tech industry gurus.
Benefits include access to a rich alumni network, Microsoft Events, and the Microsoft Partner Network. Startups can access up to $150K Azure credits.
Admission Terms:
Series A startup with a scalable tech-enabled business idea.
Admission Fee:
No fees.
3 Best Accelerators In Washington, D.C.
Union Kitchen
Address:
1369 New York Avenue, NE Washington, DC, USA.
Program Details:
Union Kitchen is one of the best accelerators for food and beverage startups in Washington, DC.
The sixteen-week accelerator program comes in four stages: launch, product-market fit, growth, and scale.
Each stage consists of personalized mentorship, group meetings, and online tutorials.
Highly effective in scaling food businesses with a 250% superior success rate.
Admission Terms:
A startup dealing in Consumer Packaged Goods (CPG)
Admission Fee:
Undisclosed
1863 Ventures
Address:
1100 15th Street Northwest, 4th Fl, Washington, DC 20005, USA.
Program Details:
Acceler8 is a three-week program for startups in the growth phase.
It’s sector agnostic and caters to B2B and B2C startups. The program’s focal point is fundraising, marketing, bookkeeping, sales, product development, and operations.
The program includes pre-residency workshops, one-on-one coaching, on-site group sessions, post-residency workshops, and virtual training sessions.
Admission Terms:
- A growing business with approximate annual revenues of $1M.
- Market traction of 2+ years.
Admission Fee:
Undisclosed.
CivStart
Address:
1809 A St SE # 2. Washington, DC 20003, USA.
Program Details:
A 24-month accelerator for startups providing GovTech solutions.
This program provides technical help in product development, and networking opportunities with experts, founders, mentors, and potential customers in government when preparing for government contracts.
The curriculum is delivered online. However, the CivStart DemoDay & Innovation Summit takes place in Washington DC, and is compulsory for participants.
Admission Terms:
- Inclusive teams that are dedicated.
- A prototype.
Admission Fee:
A fee of $10,000. May also ask for a revenue share.
3 Best Accelerators In London
Founders Factory
Address:
Northcliffe House, Young St, London W8 5EH, UK.
Program Details:
A six-month bespoke program covering the entire startup journey from launch to success. The accelerator is best suited for startups in the fintech, beauty, home, and enterprise niches.
Industry-specific accelerator programs make it highly impactful.
Benefits: expert trainers and mentors, a rich network of industry partners, a global network, and a £30k cash investment.
Unfortunately, it’s only available in London.
Admission Terms:
Two founders or more to participate.
Admission Fee:
Takes 3-7% equity based on your company’s valuation.
Startupbootcamp
Address:
72-74 Dean Street. SohoWorks – Seedcamp. London. W1D 3SG.
Program Details:
The three-month program is best for early stage startups in finance and insurance.
You get a cash award of €15k and a further €450k in partner deals from top tech partners.
Other program benefits include industry-specific deals, mentorship from industry experts, access to exclusive partnership programs, exposure to investors, Demo Day, and free office space.
Your startup can realize value if the accelerator offers portfolio companies access to industry-specific partners.
Admission Terms:
- Passionate founders.
- A highly-marketable product.
Admission Fee:
- No admission fee.
- 6-8% equity based on the program.
Wayra
Address:
Tintagel House, 92 Albert Embankment, London SE1 7TY, UK
Program Details:
Scales startups with disruptive tech-focused innovation ideas.
Rides on the back of global network Telefónica to provide startups access to blue chip corporates, a 350-million customer base, personalized mentors, office space, and capital.
Invests up to £250,000 to fund participants.
Admission Terms:
- Disruptive innovation in the tech niche.
- Proven market interest.
Admission Fee:
Undisclosed
3 Best Accelerators In Berlin
Plug And Play
Address:
Markgrafenstraße 12-14, 10969 Berlin, Germany
Program Details:
12-week program targeting high-potential tech startups.
Plug and Play aims to accelerate promising startups from across the globe by linking them to blue chip corporates in highly scalable tech-based industries.
By collaborating with blue chip corporates to scale your product, you benefit from their guidance, mentorship, feedback, and funding opportunities.
Plug and Play offers investments ranging from $50k-$250k with follow-up investments of up to $1M.
Admission Terms:
- High potential startups in the tech niche.
- A startup from pre-seed stage to early stage.
Admission Fee:
Free.
SOSV
Address:
The program is available remotely.
Program Details:
An excellent program for tech startups in multiple stages of development.
The program provides startup visibility platforms, workshops, and networking opportunities for founders.
SOSV has subsidiaries that target startups in various niches; IndieBio (Biotech), HAX (B2B, Healthcare, and Consumer), Orbit Startups (Breakthrough technologies), and dlab (decentralized technologies)
The accelerator programs run from three to six months and invest up to $500k at the pre-seed stage. In addition, you get lifetime support.
Admission Terms:
- At least two co-founders with a scalable tech-enabled idea.
- Great for Asian-based companies.
Admission Fee:
Undisclosed
Startupbootcamp
Address:
rent24, Potsdamer straße 182, 10783, Berlin. Germany.
Program Details:
A three-month program best for early stage startups in smart transport and energy.
Participants receive €15k and a further €450k in deals from top tech partners.
Benefits include access to relevant industry tech tools, mentorship from industry experts, Demo Day, free working space, and exposure to investors and peers.
Admission Terms:
Passionate founders and a product with verifiable market interest.
Admission Fee:
- Free admission.
- A 6-8% equity based on the program.
3 Best Accelerators In Paris
Hook
Address:
96 boulevard Bessières, Paris. France.
Program Details:
Covers all industries and runs for three months, twice per year.
You’ll receive €50k for a 5% equity stake in your company. There’s also mentorship, workshops, and a Demo Day presentation before 150+ investors and the press.
Admission Terms:
Ambitious entrepreneur in any scalable field.
Admission Fee:
- Free.
- A 5% equity for a €50k investment.
Founders Factory
Address:
86 Rue Notre Dame de Nazareth, 75002 Paris, France
Program Details:
A bespoke accelerator program that runs for 6 months.
Suitable for startups in fintech, enterprise, and beauty niches.
These are industry-specific programs that scale your business from launch to investor-ready status.
Includes access to industry experts, 1:1 mentorship by influential partners, a global network of successful businesses, and a variable cash investment depending on the sector.
Admission Terms:
At least two founders.
Admission Fee:
A 3-7% equity based on your current valuation.
Starburst Ventures
Address:
130 Rue de Lourmel, F-75015 Paris, France
Program Details:
The premier accelerator program in aerospace.
The thirteen-week program helps startups at different stages to clarify their strategy, receive mentorship from aviation experts, rehearse their pitches, fundraise, and link with 50+ industry leaders in corporate and government.
Admission Terms:
Aerospace startups in aviation, defense, and space.
Admission Fee:
Undisclosed
3 Best Accelerators In Dublin
SOSV
Address:
Claremont Avenue, Glasnevin, Dublin, Ireland.
Program Details:
The Dublin chapter of SOSV rolls out a series of programs for tech startups in multiple development stages.
Common sectors the program covers include biotech, green energy, robotics, health care, food, mobility, and crypto.
The 3-6 month program invests up to $500k for startups at the pre-seed stage.
Benefits include Demo Days, mentorship, startup exposure to investors and customers, networking forums with industry players, and workshops.
Admission Terms:
- A scalable innovative tech startup idea.
- At least two co-founders.
Admission Fee:
Undisclosed
Techstars
Address:
Google (Gordon House), Barrow Street, Dublin 4 Dublin, D04 E5W5.
Program Details:
Launchpool Web3 Techstar Accelerator supports startups building blockchain technology.
The 13-week program targets pre-seed and seed-stage startups.
It includes an investment of $120,000, mentorship-driven interactions, and networking opportunities.
You also get office space, masterclasses with industry experts, pitch practice sessions, Demo Day, investor exposure, credits and perks valued at over $5M.
Lifetime access to the TechStars worldwide network of 10,000+ mentors, founders, and investors crowns it all.
Admission Terms:
An MVP with market traction.
Admission Fee:
A 6% equity share.
Propeller Venture Accelerator
Address:
DCU Ryan Academy, Citywest Business Park, Dublin, Ireland.
Program Details:
True to its name, Propeller Venture Accelerator scales startups in the SaaS and cloud-based software front.
The program provides hands-on support for early-stage companies as they are also involved in building software.
They combine relevant tools, industry experts, investors, and mentors to develop a product-market fit and build winning products.
Admission Terms:
- Visionary and technical founders.
- An MVP in tech-based businesses that offer solutions by building software.
Admission Fee:
Undisclosed.
3 Best Accelerators In Amsterdam
Startupbootcamp
Address:
B.Amsterdam – Johan Huizingalaan 763a, 1066 VH, Amsterdam. Netherlands.
Program Details:
The program spurs innovation in the world of commerce by supporting startups with ideas that shape the future of commerce.
The 3-month program provides dedicated mentorship, targeted guidance, masterclasses, Demo Days, and access to investors, and industry gurus globally.
You also get a working space in Amsterdam and €15K for program expenses.
Admission Terms:
B2B or B2C startups with a prototype in the commerce ecosystem.
Admission Fee:
An 8% equity share.
Techstars (By ABN AMRO)
Address:
Gustav Mahlerlaan 10, 1082 PP Amsterdam, Netherlands.
Program Details:
Made for startups handling a mix of fintech, digital assets, and sustainability.
The 3-month program is mentorship based and offers networking opportunities and an investment of $120,000.
Benefits: co-working space, masterclasses and workshops with experts, pitch practice, and Demo Day.
Above all, you can access the TechStars worldwide network of founders, mentors, and investors.
Admission Terms:
Entrepreneurs in fintech.
Admission Fee:
A 6% equity stake
Rockstart Accelerator
Address:
Overhoeksplein 1, 1031 KS Amsterdam, Netherlands
Program Details:
Rockstart offers a series of customized programs to help startups achieve investment-ready status.
The 4-month program runs twice annually in February and August.
It includes intense workshops, coaching sessions, 1:1 mentorship, pitching, and access to exclusive corporate events, startup tools, and people to scale successfully.
Then, a follow-up investment of up to € 2 million is available to program alumni.
Admission Terms:
- Startups with a commercially viable prototype.
- Startups that have previously launched high-impact products can qualify without an MVP.
Admission Fee:
A fee of €65k. Participating companies receive investment upfront in exchange for an unspecified simple agreement for future equity (SAFE).
3 Best Accelerators In Beijing
Address
Haidian, Beijing, China
Program Details
The 3-month program focuses on early-stage entrepreneurs in China, providing tailored business coaching, one-on-one mentorship, hands-on business training, and capital of $300K.
Admission Terms:
- Startups should have just one idea and more than 50 employees. Applicants must own at least 5% of the equity to be considered a founder by MiraclePlus. Only the founders are entitled to participate in the interview.
Admission Fee:
7% equity
Address
16th floor Zhongguancun Internet Education Innovation Center Beijing China
Program Details
The Blue Elephant Camp is a 6-month BE Camp that includes:
- 2-month investment period
- 3-month in-depth post-investment service, and
- 1-month refinancing service
BE Capital applies a standardized $1.5 million (10 million RMB) valuation and invests $43 thousand (3% equity) or $114 thousand (8% equity)
Admission Terms:
It should be a pure-play education and ed-tech startup.
Admission Fee:
3% – 8% equity
Address
Dragon Building 10th Floor, #1018-21 Zhongguancun Street No. 1, Haidian District Beijing, Beijing, China
Program Details
AC Accelerator provides entrepreneurs and startups with financial support, guidance from mentors, collaborative workspaces, and valuable networking prospects to foster their growth and success.
Admission Terms:
Startups need to apply for the program and go through a selection process. AC Accelerator looks for startups with innovative solutions, scalable business models, and a strong team. The selection process may include a pitch presentation, interviews, and due diligence.
Admission Fee:
Not Disclosed
3 Best Accelerators In Bengaluru
Address
3rd Floor, Prestige Cube, No.1, Infantry Road, Bengaluru, Karnataka 560001, India
Program Details
Techstars runs a three-month accelerator program in which they provide mentorship and raise funding for startups of any industry. The accelerator invests $120,000 in each selected startup.
Admission Terms:
Techstars base their decision-making on the following criteria (ranked in order of importance),
- Team
- Market
- Traction
- Idea
Admission Fee:
6% equity
Address
NSRCEL, Indian Institute of Management Bangalore, Bannerghatta Rd, Bengaluru, Karnataka 560076, India
Program Details
The program provides business knowledge for female entrepreneurs to build on their idea in the initial stage through a Massive Open Online Course (MOOC). It then offers selected candidates a three-month virtual pre-incubation program where entrepreneurs undergo business training to develop prototypes. Finalists are selected to participate in Incubation at NSRCEL, where they will focus on developing their product and scaling up. The program is fully sponsored by Kotak Mahindra Bank Limited.
Admission Terms:
- The applicant should be a full-time owner or co-owner of the venture.
- Applicants must be over 18 and have Indian nationality/residence.
- The program is sector-agnostic and open to early-stage ideas from across the country.
- Each applicant must apply with a single idea.
- The startup should be in the ideation stage or an early-stage startup that demonstrates the potential to innovate, implement, and create impact.
- Founders are required to be committed to their idea full-time and must demonstrate the ability and entrepreneurial mindset to build and grow an organization.
Admission Fee:
NSRCEL does not charge a fee or take equity from ventures part of the Women Startup Program.
Address
RMZ Infinity, Tower D, 1st Floor, Municipal No. 3, Old Madras Road, Bengaluru, Karnataka 560016, India
Program Details
The CoWrks Foundry is a 24-week intensive accelerator program for early-stage tech startups that provides mentorship, funding, and other resources to startups. They focus on startups in enterprise tech, smart living, and urban mobility. The CoWrks Foundry provides seed funding of $50,000.
Admission Terms:
Startups need to apply for the program and go through a selection process.
Admission Fee:
8% equity
3 Best Accelerators In Chennai
Address
Primary Office Suite 4 Second Floor, Buhari Towers Moores Road, Thousand Lights Chennai, Tamil Nadu 600006 India
Program Details
The program provides tailored design support, US$ 50K in grant funding, and access to a collaborative network to achieve product-market fit. The program works with teams building products that have a strategic focus on women at the last mile, boost the income of mobile money agents and micro-merchants, and enable micro-merchants to participate in digital financial services.
Admission Terms:
The teams should be working on products that contribute significantly to the growth of women users, boost the income of mobile money agents and micro-merchants, and enable micro-merchants to participate in digital financial services.
Admission Fee:
This accelerator does not take a stake
Address
Tamil Nadu Startup and Innovation Mission, Department of Micro, Small and Medium Enterprises, EDII Campus, Hindustan Teleprinters Staff Quarters, Parthasarathy Koil Street, SIDCO Industrial Estate, Guindy, Chennai
Program Details
StartupTN provides a mentor-based program that provides intensive guidance, support, and structure for a set period of time. It is designed to support early-stage startups and aspiring founders. The StartupTN Accelerator provides a playbook from past startups, helps make connections to investors, and guides startups on the best ways to pitch their ideas. They also connect startups to subject-matter experts to help them gain multiple domain expertise.
Admission Terms:
Startups should have a prototype or minimum viable product
Admission Fee:
Not Disclosed
Address
2nd Floor, TVH Beliciaa Towers, Block 94, MRC Nagar, Chennai, Tamil Nadu 600028, India
Program Details
The Chennai Angels have partnered with Brinc to launch an online acceleration program called TechBlazers for startups in AgriTech & FoodTech, HealthTech, and FinTech. The three-month intensive program provides participating startups with a minimum investment of 50,000 USD and the opportunity for further funding based on their performance and initial traction. The startups also receive support through product development and business and investor connection/matchmaking to facilitate growth.
Admission Terms:
- The TechBlazers program is open to India-domiciled startups.
- The program has two tracks: one for early-stage startups and one for mid-stage startups.
- Early-Stage Startups: Early-stage startups should be in the final prototyping stage and have a functional minimum viable product or a 1st commercial version. They should aim to be in the market in 3–4 months and launch their 1st pilots (paid/unpaid).
- Mid-Stage Startups: Mid-stage startups should have released a product and are incorporating customer feedback for a second commercial version. They should already be in the market/acquiring customers.
- A credible exit strategy for investors.
Admission Fee:
- a) On the deals led by TCA: A deal facilitation fee of 2% (Two Percent) on the funds raised.
- b) On the deals led by other investors: A consolidated fee of 2% (Two Percent) on the funds raised
3 Best Accelerators In Hyderabad
Address
20, Inorbit Mall Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081, India
Program Details
T-Hub runs various programs and events to foster innovation in the startup ecosystem. Their flagship program is Lab32, a six-month incubation program designed to help startups scale their business, get market-ready, and become investable.
Admission Terms:
Startups must have a minimum viable product (MVP) or prototype, a strong and dedicated team, and a scalable solution. The startup should also be registered as a private limited company.
Admission Fee:
2-5%
Address
Hyderabad Angels Ground Floor, Building 3, iLabs Centre, Plot no 18, Near Inorbit Mall, Software Units Layout, Madhapur, Hyderabad – 500081, India
Program Details
Hyderabad Angels is an angel investment network that provides early-stage capital for startups. They don’t run a traditional accelerator program, but they do provide mentorship and access to a network of investors.
Admission Terms:
Startups seeking investment from Hyderabad Angels should have a unique value proposition, a scalable business model, a capable team, and a clear market opportunity.
Admission Fee:
The investment terms, including any equity stake, are negotiated on a case-by-case basis.
Address
Walden Ecoversity, Rd Number 46, Silent Valley Hills, Jubilee Hills, Hyderabad, Telangana 500033, India
Program Details
Catalyzer is a Startup Accelerator & Commune based in India. They run a 101-day startup accelerator program, providing startups with workspace, mentorship, and services in exchange for equity.
Admission Terms:
To qualify for the Accelerator program, you must be the owner or founder of an operating business with gross yearly revenues between US$250,000 to US$1 million. All applicants are subject to approval by the Entrepreneurs’ Organization.
Admission Fee:
Tuition for the Accelerator Program is currently US$1,750 per participant (excluding additional local fees, which vary by program location).
3 Best Accelerators In Delhi
Address
20, Inorbit Mall Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081, India
Program Details
IAN provides mentoring, funding, and global market access to startups. They have a wide portfolio across 17 sectors.
- IAN runs a 4-month accelerator program called IAN Incubator, providing quick investment raises, active global investors, strategic mentoring & global market access. They operate across multiple sectors, introduce over 1000+ ventures per month, and invest a minimum of INR 25 Lakhs.
Admission Terms:
Startups can submit their plans for consideration. They have a focus on teams that have deep domain expertise and high focus on execution to create high-value businesses. They are also interested in startups that are innovative and driven.
Admission Fee:
Not Disclosed
Address
D-57 Chattarpur Enclave, 100 Foot Road New Delhi, 110074 India
Program Details
Startup Tunnel selects 8 to 10 startups per cohort. The selected startups undergo an intensive 5-month acceleration program driven by extensive community involvement, direct mentorship, and comprehensive entrepreneurship education.
They provide investment and mentorship to passionate teams working on game-changing ideas to enhance their capabilities in product development, marketing strategy, rapid prototyping, and design & user experience. They work with startups who can engage India’s urban mass market using new technology-enabled platforms in specific business verticals, including inclusive fintech, networked healthcare, digital governance, scalable cleantech, B2B SaaS.
Admission Terms:
Startups demonstrating high growth and market potential are more likely to get selected for their startup program.
Admission Fee:
Not Disclosed
Address
Technology Business Incubator (TBI), Synergy Building, IIT Delhi Main Rd
Program Details
TBI provides a nurturing environment for technology-based startups, offering them access to infrastructure, business support services, mentoring, networking events, and funding opportunities.
Admission Terms:
Startups with a technology-based idea with a high potential for commercialization can apply. The selection process involves an initial screening and a presentation to an expert panel.
Admission Fee:
Not Disclosed
3 Best Accelerators In Singapore
Address
79 Ayer Rajah Crescent #02-01, Singapore 139955
Program Details
Antler Singapore is open to founders across various industries, professional backgrounds, genders, and nationalities. They have two main programs:
- Pre-Seed Startups: This program is for early-stage startups seeking support to scale their operations and secure pre-seed funding. These are typically incorporated companies with a product in the market and a growing customer base.
- Pre-Launch Individual Founders and Teams: This program is for ambitious founders who can join Antler before the inception of their company to find a co-founder(s) and receive their first cheque.
Once you join Antler Singapore, you’ll go through a ten-week program. All founders will receive a grant of S$3,000 gross, paid in two monthly installments. The program includes venture development, testing your startup hypotheses, and pitching your startup to Antler’s Investment Committee. Antler will invest US$125,000 if successful.
Admission Terms:
Startups need to apply for the program and go through a selection process. Antler looks for exceptional individuals with a strong entrepreneurial drive and a track record of excellence.
Admission Fee:
Antler takes a 10% equity stake for US$125,000. After the investment, companies must pay a program fee of US$45,000 to cover the program’s cost. If you do not get an investment, you do not have to pay any program fee to Antler.
Address
39 Ann Siang Rd, Singapore 069716
Program Details
Accelerating Asia is an early-stage accelerator VC fund that invests in high-growth startups. They have an Accelerating Asia Flagship Program, a highly competitive accelerator program for early-stage startups. Here are the key details:
- Accelerating Asia invests up to US$250k into pre-Series A tech startups through their early-stage Venture Capital fund. They invest US$100k upfront with a potential US$150k in follow-on funding. The investment is made via a SAFE note.
- The program is designed to 10X startup growth and fundraising in 100 days.
- It offers tailored advice and a program that covers growth, business models, scaling, fundraising, and marketing.
- The program includes dedicated 1-1 sessions, masterclasses, investor connections, and a Demo Day.
- Startups get to pitch and receive real-time feedback from partners at top-tier VC funds every week.
- The program also provides access to an international network of founders, mentors, and investors to fast-track expansion and partnership opportunities across 10+ markets.
- Startups receive support from in-house Entrepreneurs in Residence who have founded and exited companies.
- Post-program, startups continue to receive dedicated support from the Accelerating Asia team and ongoing access to their community.
Admission Terms:
Accelerating Asia is open to high-growth startups operating in various verticals. The program is highly selective, with only 1.38% of startups being accepted. They focus on pre-Series A startups. The program is open to startups from across Southeast and South Asia.
Admission Fee:
Accelerating Asia charges an additional program fee of US$35k and takes 3% equity.
Address
71 Ayer Rajah Crescent, #02-18, Singapore 139951
Program Details
ICE71 Accelerate is a three-month accelerator program specifically designed for early-stage cybersecurity start-ups. CyLon, a leading European cybersecurity start-up accelerator, runs the curriculum. The program aims to help start-ups refine their company’s value proposition, go-to-market strategy, commercial model, and overall business strategy.
Participants in the program will receive capital funding and have access to a co-working space within ICE71. They will also be able to tap into the ICE71 ecosystem, which includes access to mentors, networking events and workshops, go-to-market channels, and enterprise-grade cybersecurity resources such as a cyber range to test and showcase their solutions.
Admission Terms:
The program is open to early-stage cybersecurity start-ups.
Admission Fee:
Not Disclosed
3 Best Accelerators In Ho Chi Minh City
Address
Minh Long Tower, No. 17, Ba Huyen Thanh Quan Street, 7th Floor, District 3, Ho Chi Minh City, Vietnam
Program Details
The program provides mentorship to startups looking to grow and establish traction in the short term. Startups in the program have access to a network of corporate partners worldwide. This network can be used to pursue partnerships, business development, and investment opportunities. The program provides access to a network of local and international entrepreneurs and industry experts who can share their first-hand experience in building businesses. Zone Startups makes seed investments in the highest potential companies and supports activities to raise additional capital.
Admission Terms:
The program is looking for dedicated teams with powerful ideas ready for the rigor of product validation and customer acquisition.
Admission Fee:
Not Disclosed
Address
122 B2 An Loi Dong, Ho Chi Minh City, Ho Chi Minh 700000, VN
Program Details
The VIISA Accelerator Program runs for a duration of 3 months and culminates in an Investment Day. Teams will join the program in Ho Chi Minh City, with the aim of getting from idea to investment in 100 days.
The VIISA Accelerator Program is designed for potential early-stage Vietnamese startups. The program offers guidance and support from over 150+ global entrepreneurs, investors, community leaders, and corporate partners. The program’s corporate partners can help startups get in front of businesses and key decision-makers.
Teams will receive up to $15,000 in cash and in-kind services, including cloud servers, office space, and other resources, during the course of the acceleration program. This is in exchange for transferable equity.
Startups will access over US$100,000 worth of technical resources, IT consultancy, bank accounts and administration, accounting services, and more. Promising graduates will get follow-on funding of up to $200,000 from VIISA should they secure a new round of funding.
Admission Terms:
The program is geared toward early-stage startups with the potential for growth and expansion.
Admission Fee:
Exact equity is not disclosed
Address
15 Đ. Lê Thánh Tôn, Bến Nghé, Quận 1, Thành phố Hồ Chí Minh, Vietnam
Program Details
Antler Vietnam offers an intensive 10-week program with in-person residency for ambitious individuals and teams eager to turn their ideas into a game-changing business. The program is divided into four main stages:
- Form and Generation: Founders form their co-founding team, develop, and validate their idea.
- Build and Grow Your Own Company: Founders start executing their idea, building their MVP, onboarding customers, and assembling their go-to-market strategy with the guidance of personal mentors and industry experts.
- Pitch to the Investment Committee: Founders pitch their ideas to the Investment Committee to secure pre-seed funding.
- Scaling and Fundraising: Once funded, founders join Antler Vietnam’s portfolio and receive continued support and access to a global capital pathway. When ready to raise their seed round, Antler will host a Demo Day where founders can showcase their startups to top investors in the region.
If the startup secures funding for the second part of the program (Investment Committee), you get an investment into your company from Antler of US$70K
Admission Terms:
Antler Vietnam welcomes applications from individuals and teams at the beginning of their startup journey—before the company is founded—and even pre-idea. They also collaborate with existing businesses that have formed teams and are looking for extra funding. The full application process takes about two-to-three weeks to complete. It includes a screening call, drive interview, partner interview, and an official offer to join the cohort.
Admission Fee:
12% equity
3 Best Accelerators In Jakarta
Address
Pasaraya Blok M Gedung B Lt. 6, Jalan Iskandarsyah II No.7, RW. 2, Melawai, Kebayoran Baru, RT.3/RW.1, Melawai, Kby. Baru, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12160
Program Detail
Gojek Xcelerate is a startup acceleration program that provides a month of in-class training and intensive 1:1 mentoring sessions to help startups grow. They focus on startups in various sectors, including lifestyle, beauty, entertainment, healthcare, and e-commerce. Gojek Xcelerate has invested in 11 startups so far.
Admission Terms:
Startups need to apply for the program and go through a selection process. The participants must clear the rigorous screening process to join the first 4 (four) batches of Gojek Xcelerate.
Admission Fee:
Not Disclosed
Address
Ariobimo Sentral level 8. Jl. H. R. Rasuna Said No.Kav. X-2 No. 5, RT.9/RW.4, Kuningan Timur, Setiabudi, Jakarta Selatan, DKI Jakarta, Indonesia 12950
Program Details
SKALA is Indonesia’s first metrics-driven and growth-focused pre-seed 12-week accelerator program by Innovation Factory for early-stage startups in Indonesia and Southeast Asia. Startups admitted to the program will receive seed funding of US$50,000.
The program is designed to equip founding teams with knowledge of startup fundamentals and an understanding of key business metrics essential for driving business growth. This is achieved through structured workshops and networking sessions with successful entrepreneurs and operators from the ecosystem.
Admission Terms:
- The program is open to early-stage startups in Indonesia and Southeast Asia.
- The startup should be in its pre-seed stage.
Admission Fee:
8% equity
Address
Jl. Riau No.29, Menteng, Gondangdia, Jakarta, Daerah Khusus Ibukota Jakarta 10350, Indonesia
Program Details
Accelerice is an Indonesian-based food accelerator conceptualized in 2018 to empower and scale up startups. It is Indonesia’s first food innovation and knowledge hub for aspiring entrepreneurs and individuals. Accelerice covers all areas, from the physical kitchen for market testing to a network of industry players in different pillars such as legal, production, distribution, etc.
Admission Terms:
The program is open to aspiring entrepreneurs and individuals in the food and beverage industry.
Admission Fee:
Not Disclosed
3 Best Accelerators In Bangkok
Address
4 Naradhiwat Rajanagarindra Rd, Khwaeng Yan Nawa, Khet Sathorn, Bangkok 10120
Program Detail
The program is structured over 12 weeks, with different focus areas each week. It starts with a 3-4 day in-person bootcamp and includes weekly check-ins with mentors, monthly check-ins, and various workshops. The program culminates in a Demo Day. The program is delivered in a hybrid format, combining in-person and virtual delivery with 1:1 coaching. They also provide flight and accommodation to attract the best startups across Southeast Asia.
The winner of the program will receive 500,000 THB. There are also prizes of 100,000 THB for 2 runner-ups. There’s also an opportunity to partner and receive investment from the Corporate Sponsor.
All successful candidates will receive six months of working space for two at selected HUBBA Coworking spaces, engagement with a Corporate sponsor and access to valuable data, insights, and guidance, mentorship with subject matter experts, access to exclusive HUBBA events and networking opportunities with the startup community, and funding and partnership opportunities from Corporate sponsor.
Admission Terms:
Specific details about the admission terms are not available.
Admission Fee:
Free
Address
Soi Ratchadaphisek 18, Ratchadapisek Road, Huaykwang, Huaykwang, 240/60 Ayothaya Tower, 25th Floor, Bangkok, 10310, Thailand
Program Details
The EdTech Accelerator by Disrupt Technology Venture, also known as the StormBreaker program, is a 12-week accelerator program focusing on EdTech startups. The program aims to help startups build a strong foundation, accelerate their growth, and connect them with potential investors.
Admission Terms:
The program is open to startups that are in the EdTech industry. The startups should have a minimum viable product (MVP) and a clear business model. The program is particularly interested in startups using technology to solve problems in the education sector.
Admission Fee:
Not Disclosed
Address
18 Ratchadapisek Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok 10310
Program Details
- True Incube is a startup incubator accelerator that runs a 3-month long accelerator program. The company offers two incubation suites: Innovation Weekend Program & Incubation and Scale-Up Program.
- It accepts startups engaged across multiple industries & sectors like E-Commerce, BigData, SaaS, FinTech, IoT, FoodTech, MedTech, etc.
- The firm offers THB70K funding to 3-6 Qualified startups.
Admission Terms:
- The startups should have a clear business model and a product or service that has the potential to scale.
- The program is particularly interested in startups that are innovative and have the potential to disrupt their respective industries.
Admission Fee:
7% shares
2 Best Accelerators In Penang
Address
No. 1, 02-01, Jln Ahmad Nor, Pusat Dagangan Nova, 11600 Jelutong, Penang, Malaysia
Program Detail
The Penang Startup Accelerator Program (PSAP) is a collaboration between the Penang Youth Development Corporation (PYDC), Vincaps Capital, and Big Domain. The program aims to prepare startups in terms of business, founder, market, and investor readiness. The program is conducted virtually for workshops and a physical pitching session to investors on demo day.
- The program is open to early-stage and medium-stage startups across Malaysia.
- The program targets 30 local high-potential startups by providing an intensive 6-month program. Qualifiers will receive thorough training to be an investor-ready company from idea validation to the growth stage.
- They will get access to fully funded local and overseas corporate field trips, pitching clinics, upskilling sessions, and opportunities to pitch to investors and funders.
- It is compulsory to have at least 1 team member attend the sessions throughout the 8 workshops.
- The top 3 startups will be awarded with investment opportunities of up to RM1,000,000, subject to terms and conditions.
Admission Terms:
- The PSAP is open to all Malaysians between the ages of 18 and 35 who own a business or have an idea to run a business.
- Teams can have members above 35 years old, as long as there is a member who is below 35 years old and the team members involved in the Demo day investor pitchings are below 35 years old.
Admission Fee:
Registration Fee: RM250
Address
15B &16B, Bangunan Wisma Yeap Chor Ee, Pengkalan Weld, 10300 George Town, Pulau Pinang, Malaysia
Program Details
The Digital Penang Accelerator Program is a venture development program designed for Pre-Seed and Seed Stage startups. This program lasts for 8-12 weeks and is guided by masterclasses, mentoring sessions, and assignments to grow the startups over the period aggressively.
The program is designed to help pre-seed and seed startups grow and scale their businesses. It provides startups the resources, mentorship, and coaching they need to accelerate their growth and take their businesses to the next level.
Admission Terms:
- The startup should be in its Pre-Seed and Seed Stage startups with revenue above RM150,000 per annum and a minimum viable product.
- Requires founder dedication.
Admission Fee:
Not Disclosed
3 Best Accelerators In Kuala Lumpur
Address
Worq, Lot 1.02 Level 1, Glo Damansara Shopping Mall, 699, Jalan Damansara, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Program Detail
ScaleUp Malaysia is an accelerator program that focuses on helping startups raise their next round of funding. The program’s philosophy is to build businesses with high revenue growth and a path to profitability, referred to as the Pegasus model.
The aim is to invest time, experience, and money in Malaysian scaleups poised for growth and regional expansion. The team works side by side with these companies to develop the right strategy and model and then starts curating investors and partners for the companies to secure their next round of funding to execute those plans. The program is described as being like an invisible management team, potential investors, and partners on the journey of the startups.
Admission Terms:
- Startups having B2B, B2C, or B2B2C business models.
- The startup should be based in Malaysia.
- The startup’s philosophy should align with its Pegasus philosophy, which involves building businesses with high revenue growth and a path to profitability.
Admission Fee:
Not Disclosed
Address
D-08-08, Menara Suezcap 1, KL Gateway, No.2 Jalan Kerinchi, Gerbang Kerinchi Lestari
Program Details
WatchTower and Friends (WTF) is a tech accelerator that aims to build a startup ecosystem that will raise an ever-growing number of successful startups. The accelerator program is open to any startup, and each intake will go through 4 months of intensive action-oriented program led by mentors and associates. The program assists startup companies and their founders and maximizes their chances for success. The accelerator provides,
- Seed money
- Support
- Connects and network
- Advice and mentorship
- A community
Admission Terms:
The startup needs to be from any of the following tech-related niches: Enterprise, Web & Mobile, Cloud Computing, Big Data Analytics, Creative Content, Information Security, Green Technology, Wearable Technology, Smart Grid Technology, or Biotechnology.
Admission Fee:
Not Disclosed
Address
C-L19-08, KL Trillion, 338, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia.
Program Details
Alpha Startups is a pre-accelerator program designed to help startups from the idea stage to the MVP (Minimum Viable Product) stage. The program is a 4-week intensive course that aims to help startups test their ideas, boost sales, or scale their growth. It is a free program, but startups must commit their time.
The top 2 teams will receive funding of up to RM50K. All participants will be given up to RM 16,000 in Digital Credits for various services.
All Alpha Startups that successfully complete the pre-accelerator program will gain priority admission into funding programs run by 1337 Accelerator and other recognized funding organizations nationwide. They will be validated startups with strong pitch decks consisting of a viable product proposition, refined marketing plan, and practical development roadmap.
Admission Terms:
To be eligible for the Alpha Startups program, startups must meet the following criteria:
- Submit a 2-3 minute video pitch or pitch deck
- Able to communicate and understand English
- Above 21 years old
- Startups must be based in Malaysia or serve a Malaysian market OR
- Startups must have at least ONE Malaysian co-founder regardless of the market served or geographic location
Admission Fee:
The Alpha Startups program is free to join. However, startups must commit their time to the program.
3 Best Accelerators In Hanoi
Address
5th Floor, VIT Tower, 519 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi, Vietnam
Program Detail
Topica Founder Institute offers a ‘FI Core’ program, which is a structured program combining aggressive growth sprints with weekly feedback sessions. The program is designed to help startups reach the milestones for investment and growth.
The program is divided into two tracks: the “Launch Track” for early-stage startups focusing on validation and go-to-market strategies and the “Growth Track” for startups with a live product and customers, focusing on traction and funding.
The program includes sprints such as Pitching, Customer Development, Leadership Development, and more, with each week dedicated to a specific theme like Vision & Mission, Revenue & Business Models, Legal & Equity, etc.
Admission Terms:
Startups need to apply and go through a selection process. TFI seeks innovative solutions, scalable business models, and a strong team.
Admission Fee:
Not Disclosed
Address
112 Tu Hoa, Quang An, Tay Ho, Hanoi, VN
Program Details
The VSV Capital Accelerator is a 4-month bootcamp designed for pre-seed and seed stage startups to validate the viability of their products and business models before scaling. The program includes:
- Workshops: Conducted by experts in their fields, these workshops provide knowledge about business modeling, marketing, fundraising, etc.
- Office Hours: Startups can book 1-1 meetings with VSV Capital Lead Mentors to discuss their work or strategize.
- Dinner Talks: A seasoned entrepreneur or investor is invited to share their journey and advice weekly.
- Events: The program includes two important events – Feedback Day and Demo Day. There are also other social and networking events.
VSV provides up to $30,000-$50,000 in funding for selected startups in exchange for equity.
Admission Terms:
To apply for the program, startups must complete an application form on a designated platform and pass through several rounds of interviews. The application process includes:
- Online Application: Startups fill out an application form on F6S.
- Online Interview: If the application is successful, startups will be notified via email to schedule a 30′-40′ meeting with one of the VSV Capital partners.
- Face-to-face Interview: The final round is a face-to-face interview where startups present in front of the VSV Capital investor committee. This interview is held in Hanoi, in person.
- Bootcamp: The final result will be announced by late May, and chosen teams will have 2 weeks to prepare before the Bootcamp starts in June.
Admission Fee:
7-10% equity
Address
Hanoi, Vietnam
Program Details
The Founder Institute’s 4-month accelerator program, known as the FI Core Program, is designed to significantly increase a startup’s chances of success. The program provides a structured process to simplify the startup-building process, combining it with feedback from a global network of advisors at every step. The program is divided into different tracks with unique milestones and sprints, tailored to the needs of different founders.
The program combines aggressive growth sprints and constant feedback to help founders make significant progress. The program includes:
- Business-building Growth Sprints
- Weekly Feedback Sessions, Office Hours, and Working Groups
- Weekly ratings, 360-degree reviews, and aggressive milestones
- Networking opportunities with entrepreneurs, advisors, and investors globally
Admission Terms:
The program is designed for founders at the pre-seed stage, including idea-stage founders, first-time founders, people transitioning from employee to entrepreneur, and small teams that are pre-funding. The admissions process is designed to accept only high-potential entrepreneurs.
Admission Fee:
The entrance fee for the program is $699 if you apply before the early deadline. After the early deadline, the fee increases to $799.
3 Best Accelerators In Tokyo
Address
Tokyo, Japan – Virtual
Program Detail
Google for Startups Accelerator: Japan is a three-month, fully-digital program that focuses on companies using technology in innovative ways. It is designed to help Japanese growth-stage startups learn technical, product, and leadership best practices.
The program provides startups mentorship, networking opportunities, and leadership training to help them solve challenges and expand their growth potential. Participants also get early access to new Google products and tools and Google product credits for their tech stack.
Admission Terms:
- The Accelerator is focused on tech-based startups.
- The startup should have a product or service already brought to market.
- Applying companies must have the potential for market-value growth and scalability.
Admission Fee:
No fee
Address
Japan, 〒150-0043 Tokyo, Shibuya City, Dōgenzaka, 1-chōme−16−3, Shibuya Center Place, 3F
Program Details
Plug and Play Japan supports startups of all stages, from seed to Series C and beyond. They partner with over 450 of the world’s largest corporations to help them discover startups. They do not require startups to relinquish ownership to participate in their programs. Their check sizes run from $25,000 to $500,000.
Admission Terms:
The startup should be from one of the following industries, including Advanced Manufacturing, Agtech, Animal Health, Brand & Retail, Crypto & Digital Assets, Energy, Enterprise & AI, Fintech, Food & Beverage, Health, Insurtech, IoT, Maritime, Media & Ad, Mobility, New Materials & Packaging, Real Estate, Smart Cities, Supply Chain, Sustainability, and Travel & Hospitality.
Admission Fee:
No fee is charged
Address
DG Bldg., 3-5-7 Ebisu Minami, Shibuya-ku, Tokyo 150-0022, Japan
Program Details
Open Network Lab (Onlab) is a three-month accelerator program aimed at fostering startups that can compete on a global scale.
- The program provides funding for activities, along with content aimed at brushing up the business and mentoring by specialists to support business growth.
- They have a dedicated mentoring system where specialists, investors, and experienced entrepreneurs from various fields are invited to advise on services/products.
- They provide a workspace that can be used online or offline for team use and networking among entrepreneurs.
- All participating teams are provided with equity investment as operating funds during the program period. The amount is around 10 million yen, depending on the company’s situation and performance.
- They offer various benefits to startups, including infrastructure, back-office systems, analysis and recruiting tools, and more, with the cooperation of many partner companies.
- At the end of the three-month program, they host a Demo Day, a startup results presentation meeting, inviting more than 60 domestic and foreign investors to create fundraising opportunities.
- They have an “Onlab Community” where Onlab graduates, current students, mentors, and office members participate. Even after the program period, there are regular study group seminars and networking opportunities.
Admission Terms:
- The business must be conducted based on research results, patent rights, or other intellectual property rights, and the rights to use these legally in the business must be owned without infringing on the rights of others.
- Participants must be able to participate in the program (about 10 hours/week) during the program period (about 3 months), which includes lectures, mentoring, regular meetings, etc.
- If the startup has received investment from another company, the consent of the investment source must be obtained.
- The business content must not be against public order and morals.
- Participants, team members, and their relatives and related parties must not be antisocial forces and must not have any relationship with antisocial forces.
- Foreigners living in Japan must qualify to stay legally in Japan during the period designated by Digital Garage and its group companies (DG Group) during the program period.
- If the participant is a minor, the guardian’s consent must be obtained in writing.
Admission Fee:
Participation in the program is free.
3 Best Accelerators In Manila
Address
5048 P Burgos, Makati, 1210 Metro Manila, Philippines
Program Detail
The Accelerator program is designed for game-changing founders at the earliest stage, building industry-transforming companies. The program includes a 1-month stay in Austin, TX, with housing included. Participants receive mentorship from industry leaders, workshops to help founders get from 0 – 1, and unique team-building and leadership activities. The accelerator also invests up to $50,000-$100,000 in early-stage startups.
Admission Terms:
The Accelerator is open to game-changing founders at the earliest stage who have extraordinary, out-of-the-box, and unconventional ideas.
Admission Fee:
Not Disclosed
Address
3rd floor, Universal Re Building, Street, 106 Paseo de Roxas, Legazpi Village, Makati, 1226 Metro Manila, Philippines
Program Details
Cerebro Labs is a tech business incubator and accelerator for pre-seed and early-stage startups across all verticals. Their acceleration program is a six-month program for the top startups that graduated from the Incubation Program. The program culminates in a Demo Day, wherein each startup team will present their product or service to real investors. Cerebro Labs provides a seed fund of a minimum of Php500,000, and up to Php2,000,000 worth of support services will be provided.
They provide rigorous training and mentoring sessions to selected startups to help them overcome the hurdles in successfully launching their products or services.
Admission Terms:
- The startup should be in its pre-seed or early stage.
- The startup should have a prototype.
- The startup must have graduated from Cerebro Labs Incubation Program.
Admission Fee:
Not Disclosed
Address
375 Sen. Gil J. Puyat Ave, Makati, Metro Manila, Philippines
Program Details
IdeaSpace’s flagship Acceleration program is a year-long program for early-stage startup founders. The program encourages founders to strengthen their team and culture, business idea, product or service, and financial fundamentals; refine their business through learning sessions and mentoring; and connect with a community of founders, partners, and potential investors.
Admission Terms:
The program is open to early-stage startups from various industries. The top 100 applicants go through three rounds of judging, with founders being asked to submit videos and participate in a panel interview. Only the top 30 startups will move forward to the pre-acceleration phase of the program. Following are the eligibility criteria to be considered for their accelerator program,
- A startup focused on solving an urgent problem or issue through technology
- A self-aware, coachable, committed, and collaborative team, comprised of a minimum of one (1) member
- At least one full-time member on the team
- A minimum viable product
- Access to a stable internet connection and a device for virtual sessions for the duration of the program
Admission Fee:
Not Disclosed
3 Best Accelerators In Phnom Penh
Address
#17, St 306, Sangkat Boeng Keng Kang 1, Khan Boeng Keng Kang, Phnom Penh, Cambodia
Program Detail
Media4impact Accelerator is a 6-month program initiated by Impact Hub Phnom Penh with the support of WE Act Cambodia. The program is designed for media entrepreneurs to produce and distribute impactful content for their audience while implementing their roadmap to grow their organization. The program provides funding of about $816 per month, 1-1 business mentoring and creative support consultancy, a masterclass from local and international experts, and coaching opportunities.
Admission Terms:
The program is aimed at media entrepreneurs running their activities. To be considered for their accelerator program,
- Content creators should have an engaged community of more than 10k followers.
- They should have some amount of generating income
- Ongoing business (registered or non-registered)
Admission Fee:
Not Disclosed
Address
#12, Street 348, Village 4, Toul Svay Prey 1 commune, Beoug Keng Kang district, Phnom Penh
Program Details
FYT101 is an accelerator program developed by Fourmi Rouge Plc. and Yuanta Securities (Cambodia) Plc. The program is led by the top ITD Certified Trainer, Mr. Tommy SIM. The program offers practical training, mentorship, and potential sources of funding. The training includes setting up the best corporate structure, finding investors, getting finance from banks and investors, and developing a business plan.
Admission Terms:
The admission process includes filling out an application form and going through an interview stage. If the criteria are met, the applicant will join the FYT101 program.
Admission Fee:
Not Disclosed
Address
8F, Building 11, 12151 Street 347, Phnom Penh, Cambodia
Program Details
The BIO Program is a business accelerator program founded by Cambodian Investors Community (CiC) in 2018. The program aims to catapult local Small and Medium Enterprises (SMEs) to the next level.
- Training Sessions & Workshops: The program includes 07 Training & Workshops conducted by experts and senior entrepreneurs. Topics include Business Checklist for SMEs, Understanding Resilient Business Model Development for SMEs, Market Determination and Value Chain Management for SMEs, HR and Leadership Development for SMEs, Cash Flow Management in Unprecedented Time & Alternative Financing Solutions, Investing in People & Staff Productivity Enhancement, and Tax Compliance.
- Company Diagnose: This is a company’s health check-up activity to identify the root cause of issues or challenges in daily operations or hindering the company’s strategic development.
- Mentoring Session: Entrepreneurs can meet with mentors to receive input for strategic development and solutions in daily operations.
- Strategy Development Boot Camp: An intensive-training camp organized to strengthen the capacity of participants by placing them in specific groups. The activity consists of knowledge-sharing sessions, group work, and reflection workshops.
- Financing Access Supports: To support members who need funds or other financial support, services such as Financial Health Checks, Credit Profiling, and Business Support are provided.
Admission Terms:
- Business Characteristics: The program is open for all businesses operating in any industrial sector (considered as an ethical business). The business is in an early-stage (at least 6 months) or later-stage business. Entrepreneurs aiming to acquire business skill sets for standardization and investment fund-raising opportunities for business expansion. Entrepreneurs looking to find good mentors and expand their networks.
- Key Requirements: Hold one of the following positions: Entrepreneur/Business Owner/Co-founder/Senior Manager/Director. Be open-minded.
Admission Fee:
The program requires a payment of a Program Package Fee. However, the exact amount is not specified.
2 Best Accelerators In Yangon
Address
628/636 Merchant Road, (10th Floor, Royal River View Condo) Between 29th and, 30th St, Yangon, Myanmar (Burma)
Program Detail
Phandeeyar is a technology seed accelerator based in Yangon, Myanmar. It formally began in 2015 and provides funding and training for emerging startups. The accelerator also conducts training, hosts workshops, and holds competitions for startups within the digital sector. Those selected for Phandeeyar’s 6-month training program would receive funding of $25,000 to launch their ventures and business partnerships to help with the early stages of their startups.
Admission Terms:
Phandeeyar Accelerator looks for innovative solutions, a strong team, and a scalable business model.
Admission Fee:
12% ownership of the companies
Address
Kyan Mar Yay Seik Kan Compound, Corner of Pansodan Road and South of, Strand Rd, Yangon, Myanmar (Burma)
Program Detail
Seedstars Acceleration is designed for companies to achieve a functional prototype, obtain their first paying customers, and achieve product-market fit. The program utilizes a control tower methodology to support companies in reaching their proven concept faster and with fewer losses. The acceleration program is structured around 1:1 mentoring for tailored support, with formats including weekly workshops, boot camps, KPI sessions, and social activities.
Admission Terms:
- The Accelerator Program is designed for startups looking for product-market fit.
- Applicants must have a minimum viable product (MVP).
- The startup must have an existing base of first users to validate its business model.
Admission Fee:
The accelerator takes a fee for participation, but the exact amount is not specified
3 Best Accelerators In Sydney
Address
9/175 Liverpool St, Sydney NSW 2000, Australia
Program Detail
Muru-D offers a 6-month accelerator program that provides startups with a range of benefits, including workspace, funding, coaching, and access to a network of mentors, alumni, investors, and partners. The program is designed to help startups achieve product-market fit and prepare for future funding. Muru-D invests AUD$75,000 in each startup.
Admission Terms:
The selection process for Muru-D involves an application process where startups are evaluated based on their team, product, market size, traction, and scalability. The program is open to startups from all sectors, but they should have at least a minimum viable product or prototype and not just an idea.
Admission Fee:
6% equity
Address
Upper Ground Floor 230 Clarence Street Sydney NSW 2000
Program Details
Icon Accelerator runs a 10-week program with mentorship, workshops, and networking events. The program focuses on helping startups to refine their business model, improve their product, and prepare for investor pitching. Icon Accelerator invests $125,000 in each startup.
Admission Terms:
Startups applying for Icon Accelerator should have a scalable business model, a strong team, and a clear growth strategy. The program is open to startups from various sectors.
Admission Fee:
10% equity stake
Address
80 Bay St, Ultimo NSW 2007, Australia
Program Details
The Impact Accelerator offers an eight-week mentorship program focusing on startups with a social or environmental impact. The program provides mentorship, training, and access to a network of impact investors, industry experts, and successful entrepreneurs.
Admission Terms:
Startups applying to The Impact Accelerator should have a clear social or environmental impact, a scalable business model, and a committed team. The program is open to startups from various sectors.
Admission Fee:
Not Disclosed
3 Best Accelerators In Auckland
Address
32 Nikau Street, Eden Terrace, Auckland 1021, New Zealand
Program Detail
Creative HQ’s Impact Accelerator is a 12-week program to support impact-driven startups committed to solving social or environmental issues. The program offers sprint coaching, mentoring, and government and corporate partner connections. At the end of the program, each venture will have the opportunity to pitch at a final showcase, and Creative HQ will support those who are investment-ready to get into investment showcases around New Zealand and Australia.
Admission Terms:
The program is open to ventures focused on impact companies.
Admission Fee:
Not Disclosed
Address
125 Saint Georges Bay Road, Parnell, Auckland 1052, New Zealand
Program Details
The Icehouse offers a 6-week startup accelerator program for high school entrepreneurs. The program includes ideation, building a minimal viable product (MVP), market validation, and pitching to a panel of investors. The winning startup gets a trip to join Icehouse Ventures in New Zealand for its annual startup showcase and pitch in front of 1000+ investors.
Admission Terms:
Applicants can apply as solo founders or with a team, with or without an idea.
Admission Fee:
Not Disclosed
Address
Astrolab, Level 1, 57 Symonds Street, Auckland 1010, NZ
Program Details
Astrolab is a technology incubation and innovation partner that works with innovators and research organizations to develop commercial value from novel technologies. They co-fund, launch, and help manage ventures. Astrolab provides significant funding for its innovation projects and leverages a diverse range of local and international capital and commercial partners.
Admission Terms:
Astrolab works with innovators within public or private organizations who wish to benefit from partnerships to commercialize their relatively complex, high-tech, specialized, or advanced concepts and technologies. The program is open to startups in their pre-seed and seed stages.
Admission Fee:
Not Disclosed
5 Tips On How To Pick The Best Accelerator For You
Accelerators and startup incubators are now in abundance, making it tricky to decide which one is the best fit for you.
Identifying the most appropriate startup support partner, even with the benefit of a reputable list such as MIT’s Seed Accelerator Benchmark, can seem like a bit of a minefield. There are just so many of them.
With that in mind, let’s break down a few cheats to identify the best accelerator for your startup, specifically.
1. Relevance To Your Business Needs
Without stating the obvious, an accelerator must meet with your vision and business requirements.
Ideally, they should holistically support your journey from product-market fit to investor connections.
You need to ask yourself what you are hoping to get out of this the most. Mentorship, industry best practices, networking opportunities, or prototype validation, are some of the key requirements most founders consider elemental. You need to figure out which accelerator best fits your needs, through those traits.
If you’re seeking funding, what stage are you at? This is also a key factor, with each accelerator offering various levels of support at various stages of the funding rounds.
For example, if your startup requires pre-seed support, then you’ll want an accelerator who understands the funding and mentorship needs of a pre-seed startup.
2. Level Of Specialization In Your Niche
Working with an accelerator who specializes in your niche can be a game changer, as industry insiders come with practical tips and hands-on mentorship. You will basically introduce instant experience into your startup through teaming with an accelerator who is familiar with success in your genre or niche.
In addition to providing funding, they’re more valuable as they offer practical advice that springs from a better appreciation of the market and industry trends.
Finally, sector-focused accelerators provide access to the right tools for your business, relevant experience, and explicit links to the industry ecosystem.
3. Track Record Of The Accelerator
A safe bet would be choosing an accelerator with demonstrable, proven past performance.
A proven track record might mean that the accelerator enjoys links with valuable mentors, who succeeded at propelling startups to scale their businesses and access funding.
Most accelerators who rank highly on MIT’s Seed Accelerator Benchmark have a record of outstanding performance.
Apart from financial statistics, you may contact founders who participated in the program and review their experience and also examine the exit rate of a program to gauge its impact on startups.
4. Location
An accelerator based in your locality is more likely to understand your business environment. Also, you benefit from one-on-one mentorship while avoiding the hassle and cost of travel to the program’s location.
Proximity to an accelerator helps you fully exploit the program’s resources and facilities from in-person mentorship, and prototyping lab services, to co-working spaces.
It is also convenient to participate in follow-up and networking initiatives outside of the program, or even after the program has ended.
5. Scope Of Available Opportunities
When choosing an accelerator, you want one that will help you realize the highest potential for your startup.
An effective accelerator program stimulates your leadership and technical skills by exposing you to the best possible mentorship opportunities. You are better prepared to quickly scale your business after you’ve been through such an accelerator program.
FAQ
What Are The Pros And Cons Of Joining A Startup Accelerator?
Pros of a startup accelerator:
- Mentorship by experienced entrepreneurs and corporate partners.
- Easier access to funding.
- You can benchmark against other businesses in their early lifecycle.
- Exposure to new clients for your future business.
- Constructive feedback from experienced mentors.
- Networking opportunities across your industry.
Cons of joining a startup accelerator:
- Getting into the wrong accelerator program will hinder your progression.
- You may have to give away a 5% to 10% stake to accelerators for their services.
- Business interference as you may have to relocate to participate in some programs.
- Diminished support after you graduate from the program.
- The programs are short (3-6 months) then you are on your own.
Do I Need To Pay An Admission Fee To Join An Accelerator Program?
Many accelerators will ask for a share of your company in exchange for participating in their accelerator programs.
Some will ask for a small admission fee to join the program.
However, there are free accelerator programs – mostly beneficiaries of corporate sponsorship or state grants.
How Do I Get Into An Accelerator?
Getting into accelerator programs can be highly competitive, especially for top startup accelerators. The chances of securing a spot among the cohorts of top accelerators like Y Combinator, Techstars, or 500 Startups ranges from 1-3%.
But don’t be discouraged. Many of the applicants simply didn’t meet the required standards. You’ll need to go through a selection process with other participants to determine if you are suitable for inclusion.
The process is, however, quite straightforward. Commencing with the application process, followed by the shortlisting of applicants, one-on-one interviews, and concluding with the finalists’ selection.
How Do I Prepare For An Interview With An Accelerator?
1. Complete your application thoroughly
This is your opportunity to make your best first impression. Ensure you answer each question in complete detail. Be clear and concise in your responses. Be engaging if you can – a dour application won’t help, so feel free to introduce a little energy.
2. Assemble your startup team
Many accelerator programs require that two or more founders be present for admission to their programs, meaning that solopreneurs are ineligible.
In assembling a team, be keen to collaborate with co-founders with relevant technical expertise, managerial skills, and prior experience in structuring startups or engaging in equity negotiations.
Spell out the roles of each startup team member to the accelerator team and build relationships within your teams.
3. Set up your startup portfolio
Write a clear vision and mission, and include the company profile.
Design a sleek website and have a presence on startup sites like Crunchbase and Gust.
4. Come up with a prototype or MVP (Minimum viable product)
A prototype helps to test the market viability of your business idea.
With an MVP, you can point out design flaws that need fixing and estimate manufacturing costs. For your prototype, thrash out product basics and incorporate improvements on the go as you interact with the market.
5. Be memorable during the in-person interviews with an impactful presentation
Plan by anticipating and answering common questions the panel is likely to ask;
- What problem is your product solving?
- What’s the profile of your co-founder team?
- What are the specifications of your prototype?
- What do you intend to achieve in the long run?
Keep your presentation simple but energetic, research the accelerator with as many details as possible, and just generally aim to impress. Be confident. Smile. All the usual tactics you would employ in a job interview, basically.
What Is The Difference Between An Incubator And An Accelerator?
Accelerators and startup incubators are both similar, but there are differences between the two.
An incubator helps entrepreneurs flash out business ideas while accelerators expedite the growth of existing companies with a minimum viable product (MVP).
As an entrepreneur, you will start with an incubator to refine your business idea, then move to an accelerator program once you have a prototype or MVP with initial market traction.
Why You Should Apply With An Accelerator
You should consider joining an accelerator program if you have a prototype or an MVP and need funding and a go-to-market strategy. Accelerators offer guidance, advice, and connections to investors and mentors to help lift your business off the ground and accelerate its growth.
How Much Money Do Accelerators Make?
Accelerators make their money by taking a slice of your company in exchange for mentorship, training, and investor connection. Most top startup accelerators will provide funding to your business and ask for a 5-10% share in your startup so of course, the figure varies. It could be hundreds of millions, in some cases.
Conclusion
Accelerator programs propel startups into successful companies by injecting experience into the fold, and hopefully, in some cases, bringing huge success forward by several years. Of course there are no guarantees but if you are accepted into the program, they obviously see potential – and it’s very possible they can help.
Selecting the best startup accelerator startups to work with depends on your business needs and where you are in the lifecycle of your startup so make sure to research, be diligent, and find the best fit for you.
