What Does A Startup Accelerator Do?

What Does A Startup Accelerator Do?

1 Answer

  1. For a startup, a startup accelerator can accelerate the growth. Startup accelerators support early-stage, growth-driven companies through education, mentoring, and financing. Startups enter accelerators for a fixed-period of time, as a part of a group of companies. The accelerator creates a process of intense, rapid, and immersive education aimed at accelerating the life cycle of young innovative companies, compressing years’ worth of learning-by-doing into just a few months.
    The accelerators can be described as fixed-term, cohort-based, and mentorship-driven. Accelerators may share with these others the goal of cultivating early-stage startups, but it is clear that they are different, with distinctly different business models and incentive structures.

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