Incubator vs accelerators

๐Ÿ’จ Accelerators
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In the realm of startup support, two prominent players are Incubators and Accelerators. This article delves into the distinctions between these two, helping you understand which suits your startup journey best.

Published/Updated on Jul 21, 2021

Incubator

Often seen at universities

Offers

  • Office

  • Mentoring/coaching

  • Limited to 6-24 months

  • Sometimes grants

Accelerator

Purpose: Accelerate companies

Offers

  • 3-6 months program

  • Investment (SAFE/convertible note) for a 4-10% equity stake

  • Sometimes a physical space

  • Managing Partners/Entrepreneurs in Residence (weekly meetings)

  • Mentor network

  • Investor network

A clear Accelerator vs. Incubator differentiation from Female Founders network
Source: https://www.instagram.com/p/CiKr8lLsWGb/