Business Accelerator

Business Accelerator

Business Accelerator


Seed Accelerators, For A Fixed-Term And In Cofounded Programs,
We Offer Mentorship To Achieve The Next Business Phase,
F.E. A Capital Pitch Event, Launching Customer Or Full Working Demo Product.


Business accelerators definition

The business accelerator concept is a fast-track program of 3 to 6 months and includes extensive training, business mentorship, (mostly) some small financial support by co-shareholder participation, and testing product/service competitiveness. This is typically done in the ultimate demo day; pitching the business to a business community, existing of potential investors, business partners and customers. A business accelerator program is in general industry related, tightly time-bound, very intensive and selective and does have an approach to fail fast or survive, grow fast to become successful.
Business accelerators are publicly (government initiatives) or privately financed by corporate companies or private investors, with the simple goal to accelerate operations and sales. Start-ups will definitely increase their chances of business success by participating together and cooperating with the experts of business accelerators. Their interest in depending on their background; generating profit for investors, innovation initiatives for corporate companies and the regional development of a specific industry by government. Business accelerator programs are popular, designed to be selective and to connect promising start-ups and (early stage) investors. In this, the accelerator method has the advantages for potential investors that, on the one hand, it saves them time because of no need to track down and evaluate the start-ups, but also that the selection method of business accelerators reduces the risk considerably.
Generally, it is believed that incubators and accelerators are the same concepts, but this is a mistake. At first glance, they look similar, but there are some essential differences. The incubator model is based on foster and stimulate slow growth, average programs of 2 to 5 years, is non-profit driven without equity funding and do have mostly academic alliances. Additional incubators provide, as some accelerators will do, shared operation and office space, shared services and equipment and mentoring resource. A business incubator situation focuses typically on innovation while an accelerator covenant is devoted to scale the business.


Business accelerator concept

• main objective
– prepare investment suitable for a structured program and syllabus
• focus
– rapid growth and business validation
• types
– private, corporate-run, government-sponsored accelerators, venture capital firms or hybrid versions
• business model & funding
– profit (a few) non-profit, funding from small equity investment and some subsidies, gifts
• management
– private initiatives or collaborations
• alliance
– mostly private led, in partnership with former entrepreneurs/consultants and informal financiers
• cohort, homogeneous participating start-ups
– yes, usually industry-specific
• benefit start-ups
– business validation, demo day, find financiers and investors for next stage, intensive networking, business skills training, management support, facilities
• selection
– rigorous, very competitive, 1-3 months procedure, waiting time till next program will start
• start-up stage
– early or late
• equity investment
– usually yes but only a small amount
• support time
– average 3 to 6 months, program will be finished by demo day to find and hand-over to new investors/mentors
• venture location
– on-site
• education
– a scheduled program, intensive personal, team, community training and consultation
• mentorship
– by several consultants, experts on topics
• monitoring
– very strict, intervention when needed
• other remarks
– prominence on contacts with (early stage) investors
– pressure, demanding intensive program
– demo day, learning how to pitch
– fast structured program with little freedom and personal input (discipline needed)
– promoting platform