How To Choose The Right Accelerator

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💨 Accelerators
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The article provides guidance on choosing the right accelerator for your business growth by considering four key questions.

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Written by Sebastian FuchsJul 21, 2021

An article that helps you to find the appropriate accelerator for your business by answering four essential questions in order to fulfill your needs to grow and apply to the right accelerator.

Inside a Techstars Accelerator: How To Choose The Right Accelerator

Source: https://www.techstars.com/the-line/advice/inside-a-techstars-accelerator-how-to-choose-the-right-accelerator-for-your-company

4 questions to ask yourself

  1. Location 🗺️
    Where are you and your business located? If you don’t want or need to move, then that’s easy: apply to that city program.

  2. Ride a trend wave 📈
    Where could your business thrive? Think about the industry sectors that are prominent in various locations.

  3. Expertise and experience 🤹
    What is the specific expertise of the program teams? Each program page links to a short interview with the managing director, give these a read to learn about each MD and their experience and expertise.

  4. Strategic synergies 🤝
    Is there a vertical program that stands out to you? Certain programs may appeal to you because of the corporate partner.

Type of accelerators (by Funders Institute)

Founder Institute breakdown of accelerator types based on your maturity and needs:

Full video here: https://youtu.be/MHHDm3th59M