![]() The program offers some amount of capital, mentorship, and affordable office areas. Backing up a promising organization improves the reputation of the accelerator and provides a valuable opportunity for participating startups to connect with high-profile contacts from the accelerator.Ī startup accelerator is an intensive personal and startup development program that offers support to a small team of founders, usually having an innovative business idea of their own. This is especially true if we only consider programs that validate the ambition of startups and their growth prospects, regardless of other factors involved in the selection process.Īccelerators are managed by corporate bodies, and they provide support to businesses that are perceived to have high-growth potential. ![]() One of the most popular methods used to identify high-growth potential startups is to find out if they have gone through an accelerator program.
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